Deutsche Bank AG (USA) (DB) was Downgraded by Keefe Bruyette to ” Underperform”. Earlier the firm had a rating of “Mkt Perform ” on the company shares. Keefe Bruyette advised their investors in a research report released on Apr 29, 2016.
Deutsche Bank AG (USA) opened for trading at $18.78 and hit $19.06 on the upside on Wednesday, eventually ending the session at $19.02, with a gain of 2.04% or 0.38 points. The heightened volatility saw the trading volume jump to 35,47,765 shares. Company has a market cap of $26,227 M.
Deutsche Bank AG is a global investment bank which offers a range of products and services in investment corporate and retail banking as well as in asset and wealth management. The Group operates through five corporate divisions: Corporate Banking & Securities (CB&S) Private & Business Clients (PBC) Global Transaction Banking (GTB) Deutsche Asset & Wealth Management (Deutsche AWM) and Non-Core Operations Unit (NCOU). CB&S consists of two business divisions Corporate Finance and Markets which offers a range of financial products. PBC consists of three business units Private and Commercial Banking Advisory Banking International and Postbank. GTB delivers commercial banking products and services to corporate clients and financial institutions. The Bank offers client logins for online banking wealth management cash management trust and securities services asset management and corporate banking.