Deutsche Bank chief says ‘nothing is off limits’ as profits plunge

• Deutsche Bank shares drop after quarterly profit falls, cost target scrapped

  Legal provisions weighed on the bottom line at Germany's largest lender Deutsche Bank, with net profit falling in the fourth quarter.
  
  CNBC - 5h
• 

  Deutsche Bank needs more than one ‘year of reckoning’

  Lender’s statement highlights issues with predictability that help explain its lingering valuation discount
  
  Financial Times - 8h

• Deutsche Bank is a victim of its own success as it hikes cost guidance

  Deutsche Bank delivered bad news on spending, and investors weren’t happy.
  
  MarketWatch - 12h
• 

  RFK Jr. says he’s not anti-vaccine. But he could profit off claim in vaccine lawsuit.

  RFK Jr. played a lead role in building a case against Merck's HPV vaccine and could profit from the lawsuit alleging fraud, even if confirmed as health secretary.
  
  ABC News - 2d
• 

  Jewish non-profit chief says Musk will spur violence with his ‘Nazi salute’

  Amy Spitalnick of Jewish Council for Public Affairs warns far right will take action as ‘license for violent extremism’. The head of a prominent US Jewish civil rights body said Elon Musk’s ...
  
  The Guardian - 4d
• 

  JPMorgan Chase posts record profit as the bank's massive scale pays off

  JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.
  
  NBC News - Jan. 15

• JPMorgan Chase posts record profit as the bank’s massive scale pays off

  The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.
  
  CNBC - Jan. 15

• 'The sky is the limit' on Damac investment in the U.S., Dubai property giant's chief says

  "We can use initially our own financial resources, but then [in the] second phase we can use [a] third party's money," Sajwani said of the planned investment.
  
  CNBC - Jan. 9

• Deutsche Bank says it’s now overweight Europe stocks vs. the U.S. Valuation is just one reason.

  There’s never been a bigger valuation gap between European and U.S. stocks, and that’s not the only reason why Deutsche Bank now says it prefers equities on the Continent on a tactical basis.
  
  MarketWatch - Jan. 7

More from Financial Times

• 

  China builds huge new wartime military command centre in Beijing

  Complex will be bigger than Pentagon and include bombproof bunkers for leaders, say US intelligence officials
  
  Financial Times - 47m
• 

  Trump blames Democrats and DEI for fatal Washington mid-air collision

  President cites ‘moment of anguish’ after helicopter collides with commercial jet leading to 67 deaths
  
  Financial Times - 2h
• 

  The ‘conservative international’ battle with Britain

  This time around, the Trump victory comes as the UK is vulnerable to potent arguments from the right
  
  Financial Times - 9h
• 

  Elliott warns White House is inflating crypto bubble that ‘could wreak havoc’

  Supporting digital assets that could marginalise the dollar is ‘dangerous’, investor letter says
  
  Financial Times - 4h
• 

  US economy grew at 2.3% rate in fourth quarter

  Figure comes after Fed chair Jay Powell said there was no hurry to cut interest rates
  
  Financial Times - 7h

More in Business

• Apple misses on iPhone revenue, sees 11% drop in China sales

  Although Apple's overall sales rose during the quarter, the company's closely watched iPhone sales actually declined slightly on a year-over-year basis.
  
  CNBC - 14m

• American Airlines collision with Army helicopter is worst U.S. air disaster since 2001

  An Army helicopter on a training flight collided with an American Airlines regional jet that was on approach into Washington, D.C.'s Reagan National Airport.
  
  CNBC - 15m
• 

  RFK Jr. Says He Won’t Keep Financial Stake in HPV Vaccine Lawsuits

  Senators had objected to the financial conflict posed by Robert F. Kennedy Jr.’s decision to retain a financial stake in lawsuits against a major drug company. It remains unclear whether any ...
  
  The New York Times - 17m
• 

  F.C.C. Chair Orders Investigation Into NPR and PBS Sponsorships

  Brendan Carr, the chairman of the Federal Communications Commission, said the inquiry could help Congress decide whether to continue funding local stations.
  
  The New York Times - 20m

• Trump says Canada, Mexico tariffs are coming Saturday. Stocks dived, then rallied.

  President Donald Trump offered fresh comments on Thursday afternoon about his threat to hit Canada and Mexico with 25% tariffs. His remarks weighed on stocks.
  
  MarketWatch - 20m