Deutsche Bank (XETR:DBK) has resumed a compliant share buyback as profits climb and management emphasizes shareholder returns, while striking a 28‑month labor deal raising pay and agreeing to sell its India retail/private unit to Kotak for about $30M, a CET1‑accretive move.
Previous Week Recap
- Deutsche Bank Begins Buyback: Deutsche Bank (DBK) started its announced share buyback on 26 Feb 2026 via broker on Xetra and other venues; purchases comply with EU Regulation 596/2014 and public disclosure rules
- DBK Rises Ahead Of Results: Deutsche Bank (DBK) is up ~25% from its March low ahead of July results. Latest: €3.0bn pre-tax profit (+7%), €2.2bn post-tax. Management reiterates focus on shareholder returns.
- DB To Sell Kotak Unit: Deutsche Bank to sell India retail, private and wealth unit to Kotak Mahindra for ~$30M; ~1,000 staff, €2.7B loans, ~150,000 customers. Deal to close by Sept 2027; CET1 accretive at closing.
- DBK Labor Deal Reached: Deutsche Bank Aktiengesellschaft (DBK) agreed a 28‑month labor deal (Apr 1, 2026–Jul 31, 2028) including 7,500 Postbank staff: €175 monthly raise from Jul 1, 2026 and 2.9% salary hike in Jul 2027.
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