Deutsche Bank Aktiengesellschaft

DB

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Investigation Details

Deutsche Bank is the subject of a MarketWatch report published on July 24, 2024. According to the report, “Deutsche Bank said it lost €143 million ($155 million), or 28 eurocents a share in the second quarter, after a €1.3 billion provision for litigation on the takeover of Postbank, that it had flagged in April. That is its first loss since 2020, and Deutsche Bank executives said the size of the provision means the bank won’t conduct any “top-up” stock buybacks the rest of the year.” The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

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