Tag: Rationalization and redevelopment
Four reasons why the skepticism is justified
Deutsche Bank Achieving the return target in the coming year will be difficult. (Photo: dpa) Down 6.7 percent: At first glance, the reaction of the stock exchange to the Deutsche…
Plans for the Hanover plant could be the next point of contention
Herbert Diess The VW boss will attend the board meeting. (Photo: Bloomberg) Düsseldorf, Berlin Volkswagen boss Herbert Diess now wants to appear at the works meeting planned for next week.…
The restart threatens to fizzle out
Frankfurt Miguel Müllenbach goes into raptures. The CEO of Galeria Karstadt Kaufhof stands on the sixth floor of the newly renovated Frankfurt city center branch, looks through the glass facade…
The restart threatens to fizzle out
Frankfurt Miguel Müllenbach goes into raptures. The CEO of Galeria Karstadt Kaufhof stands on the sixth floor of the newly renovated Frankfurt city center branch, looks through the glass facade…
Opel closes toolmaking at the main plant in Rüsselsheim
Munich At the Hessian car manufacturer Opel, the dispute between management and union threatens to escalate. After the Stellantis subsidiary recently had to take severe criticism because of the planned…
Plans for the Hanover plant could be the next point of contention
Herbert Diess The VW boss will attend the board meeting. (Photo: Bloomberg) Düsseldorf, Berlin The mood is likely to be chilled when the supervisory boards of Volkswagen meet for their…
Deutsche Bank posts fifth consecutive quarterly profit
Frankfurt In the past quarter, Deutsche Bank generated its fifth quarterly profit in a row. Germany’s largest financial institution earned the bottom line – after deducting interest on subordinated bonds…
Deutsche Bank posts fifth consecutive quarterly profit
Deutsche Bank CEO Christian Sewing Five consecutive quarters in the black is the institute’s longest profit in a long time. (Photo: imago images / Hannelore Förster) Frankfurt In the past…
The fiber optic expansion in Germany needs donors beyond the Telekom
Timothy Hoettges The Telekom boss gives the Dax group a new self-image, according to which the operator no longer has to control all networks himself. (Photo: imago images / sepp…
Deutsche Bank posts fifth consecutive quarterly profit
Deutsche Bank in Frankfurt Around 18,000 jobs are to be lost worldwide by 2022. (Photo: AFP) Frankfurt In the past quarter, Deutsche Bank generated its fifth quarterly profit in a…
Volkswagen works council: “Unprecedented provocation from Diess”
Herbert Diess The head of the works council at VW criticized the head of the group clearly. (Photo: imago images / Lackovic) Dusseldorf New dispute between employee representatives and CEO…
Major Dutch bank: ABN Amro leaves the crisis behind – This is how Robert Swaak is rebuilding the major bank
After returning to the profit zone, CEO Robert Swaak holds out the prospect of further progress – also in the fight against financial crime. .source site
Deutsche Bank will close 200 Postbank branches by the end of 2023
Branches of Deutsche Bank and Postbank For the remaining branches there is a location guarantee until the end of 2024. (Photo: dpa) Frankfurt Deutsche Bank is significantly thinning out the…
Telekom shortly before billion dollar deal with investor for fiber optic expansion
Deutsche Telekom headquarters in Bonn When it comes to fiber optics, the company is lagging behind. (Photo: Bloomberg) Frankfurt, Düsseldorf According to financial circles, Deutsche Telekom is about to conclude…
Creditors of bankrupt Chinese HNA approve recovery plan
HNA In Germany, the Chinese company HNA also got on board at the Hahn regional airport. (Photo: dpa) Shanghai The creditors of the insolvent Chinese aviation and tourism conglomerate HNA…
Siemens Energy withdraws from hydropower JV with Voith
Siemens Energy plant in Mülheim-Ruhr Siemens Energy announced on Friday that the parties have agreed not to disclose the purchase price for 35 percent of the shares in the specialist…
“We believe in the resilience of this city”
new York It was an emotional moment for Christian Sewing. The head of Deutsche Bank rang the closing bell on Tuesday on the floor of the New York Stock Exchange…
Siemens boss Roland Busch swears executives
Roland Busch The management style of the new Siemens boss is well received by large parts of the workforce and investors. (Photo: Reuters) Munich Roland Busch had a drum kit…
Airbus plans record production for A320
Frankfurt 75 – this number brings beads of sweat to many Airbus suppliers. This is the number of A320 Family jets that the Group intends to produce every month from…
Airbus plans record production for A320
Frankfurt 75 – this number brings beads of sweat to many Airbus suppliers. This is the number of A320 Family jets that the Group intends to produce every month from…