HVB is targeting a fresh round of cost-cutting

Article Abstract:

HVB Group AG announced that it will make additional cost cuts worth 465 million euros in 2002. The cost cuts are part of the company's efforts to break even after posting its worst results ever in 2002.

Author: Souder, Elizabeth

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Deutsche Bank swings to net loss

Article Abstract:

Deutsche Bank AG posted a 219 million euros net loss for the 2003 first quarter. The bank posted a 597 million net profit in the same 2002 period.

Author: Souder, Elizabeth
Sales, profits & dividends, Company sales and earnings, Company earnings/profit, Deutsche Bank AG, DTBKY

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German banking sector girds for more job cuts

Article Abstract:

The German banking sector is spurring growth by cutting back jobs. HVB Group, Deutsch Bank AG and possibly West LB are considering employee cuts.

Author: Taylor, Edward
Commercial Banks, Forecasts, trends, outlooks, Personnel administration, Human resource management, Company personnel management, Industry forecasts, Deutsche Bank AG (Frankfurt, Germany), DB

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Subjects list: Banking industry, Germany, Finance, Company financing, HVB Group
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