Deutsche Bank AG is a leading global investment bank and financial services company headquartered in Germany
It offers a wide range of financial products and services including corporate and investment banking, private banking, asset management, and transaction banking. With a strong presence in major financial markets around the world, Deutsche Bank serves a diverse client base, including corporations, governments, and institutional investors. The bank is committed to innovation in its financial solutions while adhering to strict regulatory standards and sustainability practices.
Shares of aircraft leasing company FTAI Aviation (NASDAQFTAI) jumped 7.8% in the afternoon session after the company announced its Strategic Capital Initiative (SCI), initially announced late 2024, locked in a $2.5 billion asset-level debt financing deal. The funding comes from ATLAS SP Partners, backed by Apollo funds, along with Deutsche Bank AG's New York branch. With this financing, SCI plans to invest over $4 billion in on-lease 737NG and A320ceo aircraft. The market is excited about the company's diversifying asset base. To recap, SCI is designed to help FTAI grow its aircraft portfolio without heavy upfront capital expenditures. It should also drive a steady revenue stream by driving demand for FTAI's Maintenance, Repair, and Exchange (MRE) services.
According to TheFly, Deutsche Bank raised the firm's price target on Howmet Aerospace to $155 from $135 while keeping a ‘Buy’ rating on the shares. Susquehanna raised its price target to $150 from $132 and kept a ‘Positive’ rating on the shares.
Shares of automotive manufacturer General Motors (NYSEGM)
jumped 5.8% in the afternoon session after shares of auto companies surged as the new Trump administration pledged its support for the industry. In a recent speech, President Trump stated, "Today, we will end the Green New Deal, and we will revoke the electric vehicle mandate, saving our auto industry and keeping my sacred pledge to our great American auto workers."
The world's largest asset manager BlackRock continued to grow the amount of cash investors entrust with it, breaking records. It is poised for more growth.
Barclays’ upgrade, highlighting Snowflake’s focus on AI trends and accelerated product development, follows Deutsche Bank’s price target increase and Wells Fargo’s upgrade earlier this week.
Wedbush analyst Daniel Ives recently told clients that Tesla (TSLA) could surpass a $2 trillion market cap by the end of 2025. He raised Tesla's price target to $515 from $400 while reiterating an
German lending behemoth, Deutsche Bank AG Inc. (NYSEDB), was developing an Ethereum (CRYPTO: ETH) Layer-2 blockchain, according to a Wednesday report, the latest in a wave of growing interest in Web3 by tradit
Deutsche Bank today announced that its New York Branch, Deutsche Bank New York (DBNY), and its affiliate Deutsche Bank Trust Company Americas (DBTCA) have decreased their prime lending from 7.75% to 7.50% effective tomorrow, December 19, 2024.
Deutsche Bank announced today its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of Jinxin Technology Holding Company.
Deutsche Bank announced today its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of Wing Yip Food Holdings Group Limited.
Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF) has completed the second and final closing of its previously announced non-brokered private placement of its common shares at $0.06 per common share. The company said on Monday that, at the second closing of the offering, it issued 19,647,776 common shares for gross proceeds of roughly $1,178,867. The second closing was in addition to the previously announced first closing in November when Decibel issued 33,503,864 common shares for gross proceeds of approximately $2,010,232.
