Deutsche Bank

Deutsche Bank views Unicredit’s planned takeover of Commerzbank as a growth opportunity, because the removal of a competitor in certain segments could increase responsibility and market potential. The ECB has allowed Unicredit to raise its stake in Commerzbank beyond 30 percent and to increase it without an upper limit. The European Commission plans to decide by mid-November; Unicredit expects to obtain all remaining approvals and to assume control by the end of the year. » Mere på handelsblatt.com

Deutsche Bank is offering a new digital asset management service in which experienced portfolio managers set the investment strategies instead of an algorithm. The product requires a minimum investment of €500, monthly savings plans are possible from €1, and clients choose from five investment strategies. Fees are tiered by volume: 0.75% up to €25,000, 0.7% up to €100,000 and 0.65% above that, plus product costs of 0.15%. With the offering, the bank aims to reach broader customer groups, strengthen recurring revenues and expand discretionary asset management in the retail business by 2028. » Mere på handelsblatt.com

Deutsche Bank shareholders are watching JPMorgan’s quarterly results at 12:45, since strong trading revenues at the US bank could indicate a good trading quarter in Frankfurt. Analysts expect JPMorgan earnings per share of $5.93; attention will also be on Jamie Dimon’s analyst call at 14:30 about loans and interest rates. The performance of US banks after rising bond yields remains a drag, while Deutsche Bank’s stock faces resistance at the 200‑day and 100‑day moving averages and finds support at the October low of €29.3. » Mere på deraktionaer.de