Deutsche Bank, which has big Cary presence, and German rival break off merger talks
Merger talks between Germany’s two biggest banks have collapsed. Here’s an update.
Read MorePosted by WRAL TechWire | Apr 25, 2019
Merger talks between Germany’s two biggest banks have collapsed. Here’s an update.
Read MorePosted by WRAL TechWire | Mar 18, 2019
Shares in Deutsche Bank, which has a significant operation in Cary, and Commerzbank shot higher Monday after the companies confirmed they are discussing a merger. But such a deal might cost 20,000 jobs.
Read MorePosted by WRAL TechWire | Mar 18, 2019
Germany’s two biggest banks, one of which has a big operation in Cary, are discussing a merger that could result in a national powerhouse capable of competing with Wall Street.
Read MorePosted by WRAL TechWire | Oct 24, 2018
Deutsche Bank’s net profit fell 65 percent in the third quarter but CEO Christian Sewing said the bank made progress cutting costs and would show its first full-year profit since 2014.
Read MorePosted by WRAL TechWire | Jul 25, 2018
Germany’s struggling Deutsche Bank continues to post open job positions at its software development operation in Cary even as the financial conglomerate announces plans to speed up its cost cutting.
Read MorePosted by WRAL TechWire | Jul 16, 2018
Deutsche Bank has surprised investors with a rare piece of good news -and that’s welcome news form its some 900 software development workers in Cary.
Read MorePosted by WRAL TechWire | May 25, 2018
Deutsche Bank, Germany’s biggest lender, said Thursday that it would cut 7,000 jobs and “significantly reshape” its sales and trading business. Any impact on its operations in Cary is unclear.
Read MorePosted by WRAL TechWire | Apr 26, 2018
In news that could hit hundreds of people employed in Cary, Deutsche Bank is retreating from Wall Street, cutting its US operations and making “painful” jobs cuts in its investment bank after reporting a slump in profits.
Read More