Why Deutsche Bank is the stock market suddenly so successful

10.20 Euro per share, for something had experienced the Deutsche Bank, most recently in September 2018, before at the beginning of this week, the price of crack

Why Deutsche Bank is the stock market suddenly so successful

10.20 Euro per share, for something had experienced the Deutsche Bank, most recently in September 2018, before at the beginning of this week, the price of cracked for the first time since one and a half years, the 10-Euro mark. That was a month ago still not in sight. But since the new year, the share of the largest German Bank, has risen by 44 per cent, as strong as any other stock in the Dax . Deutsche Bank 9,73 EUR -0.25 (-2,47%) Xetra

  • 1 day
  • 6 months
began To the rate of data

The surprising rebirth of hard-hit security as early as December. Two weeks before Christmas, the CEO of Christian Sewing invited to the traditional capital market day. His goal: to investors to convince them that it is the success of the radical restructuring of the money house.

customer come back to the Deutsche Bank

For the reminder: Up to 18,000 employees of the German Bank had to or have to leave to 2022, the companies in the world. The Institute wants to pull out of the stock business and trading with interest products to restructure. To cost around 7.4 billion euros. "It's a real reboot," says Sewing at the announcement of the Plan in the past year.

The eyes glow succeeds better, as was to be expected. "More than three dozen companies and large institutional customers have chosen in recent months to get us back," wrote Sewing in advance of the capital markets day to its employees.

group tag to succeed faster than planned

On the day itself, the CEO was able to show that his group move on to the tag even faster than planned. Actually, for this year, the planned steps had already been taken in 2019 addressed. This makes a financial impact. The annual cost fell last year to 21.5 billion Euro, this year they are expected to be 19.5 billion euros. Requested 17 billion euros, is aiming for 2022.

Such news stock market investors like to and so you to be accessed at the Deutsche Bank. In the week after the capital market day, the share price of Deutsche Bank rose by around ten percent. The largest market in the world trading. Expert tips for your Forex Trading (partner offer) To the free expert tips on

New major shareholder, the power of hope

The real Rally came in the beginning of February due to a further good news: The Californian Capital Group bought more than three per cent of the shares in the German Bank house. Thus, the investors from the USA became a new major shareholder of the Bank.

That alone would be positive, however, the Capital Group is also the Investor on long-term yields. In the Dax, for example, when a newcomer to the MTU Aero Engines with a 15 percent present. Joining the German Bank is perceived as a sign of Confidence that the Bank returns to long-term success.

In the Wake of the German Bank, other Bank shares are rising now. Commerzbank has won this year already 21.8%. In doing so, your Index: The MDax has risen so far this year, only 3.5 percent. Thus, the two German institutions stand out noticeably from the trend of the industry.

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Date Of Update: 19 February 2020, 14:00
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