Deutsche Bank AG

NYSE:DBUnited States

1216 GMT - JP Morgan prefers European investment banks in the long term compared with their U.S. counterparts. Though shares in U.S. banks have justifiably risen after the election on expectations of stability in the regulatory environment and anticipated investment banking activity, the market seems to have already priced in potential positive moves by the new administration in their valuations of U.S. lenders but not in that of European ones, analysts write. "We see this momentum continuing near-term, also supported by a good trading environment in Equities and also in Credit in 4Q so far," they say. European investment banks also stand to benefit from client activity levels improving. The broker's top picks are Deutsche Bank, UBS and Barclays and prefers banks geared to non-net interest income. JP Morgan has an overweight rating on the global investment bank sector. (elena.vardon@wsj.com)

EQS-Ad-hoc: Deutsche Bank AG / Key word(s): Bond Deutsche Bank to issue Additional Tier 1 capital instruments 14-Nov-2024 / 09:55 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. ----------------------------------------------------------------------------------------------------------------------- Deutsche Bank AG (XETRA: DBKGn.DE / NYSE: DB) today announced its intention to issue securities that qualify as Additional Tier 1 (AT1) capital instruments. The issuance, with a first call date on October 30, 2031, is intended to be of benchmark size. It will support Deutsche Bank's Tier 1 leverage ratio and its Pillar 1 and 2 AT1 requirements. Issuance of these securities is covered by the authorization granted by the Annual General Meeting in 2022. The denominations of the securities will be EUR 200,000. Deutsche Bank AG will act as sole bookrunner for the placement. The securities of Deutsche Bank AG mentioned in this release have not been registered under the Securities Act of 1933, as amended ("Securities Act") and will be issued under "Regulation S" of the Securities Act only and may not be offered, sold or delivered within the United States absent registration under the Securities Act or an exemption from registration requirements. Contact: Christian Streckert Media Spokesman Phone: +49 (69) 910 38079 Email: christian.streckert@db.com End of Inside Information ----------------------------------------------------------------------------------------------------------------------- 14-Nov-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com ----------------------------------------------------------------------------------------------------------------------- Language: English Company: Deutsche Bank AG Taunusanlage 12 60325 Frankfurt a. M. Germany Phone: +49 (0)69 910-00 E-mail: db.media@db.com Internet: www.db.com ISIN: DE0005140008 WKN: 514000 Indices: DAX, EURO STOXX 50 Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange; NYSE EQS News ID: 2030103 End of Announcement EQS News Service -------------