Deutsche Bank finances companies, governments and individuals through a global banking network rooted in Germany and spanning major financial markets. Its investment bank focuses on bonds and currencies, alongside advice on mergers and raising capital, while its private bank handles household banking and wealth management. Businesses use its cash management, trade finance and lending services to move money and fund operations, and the group manages investment funds through DWS. It earns money from loan interest, transaction and investment fees, and trading activity. Deutsche Bank traces its founding to 1870 and is headquartered in Frankfurt am Main, Germany.
Company Size
10,001+
Company Stage
IPO
Headquarters
Frankfurt, Germany
Founded
1870
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PepsiCo entered Europe's public bond market on Friday with a €1 billion ($1.12 billion) two-part deal, one day after cutting its profit outlook due to mounting costs in North America. The deal comprises a three-year tranche and a nine-year tranche, each worth €500 million. The shorter part is priced at around 60 basis points above mid-swaps, whilst the longer slice is marketed at around 105 basis points. The company lowered its earnings growth outlook on Thursday, citing weakness in both its beverage and snack businesses. Chief executive officer Ramon Laguarta said the company doesn't "feel good about the beverage business". Sales volumes of North American beverages have fallen 3% so far this year. This marks PepsiCo's second euro issuance this year.
Deutsche Bank upgraded Netflix to Buy on 29 September, arguing investors focus too much on US viewing habits while overlooking international growth. Analyst Bryan Kraft noted non-English titles now account for over a third of Netflix viewing, with time spent on the platform rising abroad in each of the past four half-year periods. The upgrade comes despite a price target cut to $95 and reduced profit estimates, making it primarily a valuation call. Netflix now trades at roughly 18 times Deutsche Bank's 2027 earnings estimate, down from approximately 40 times at its June 2025 peak. The bank believes Netflix's production scale—over half its content now originates outside the US—will protect its global position. US and Canada revenue represented less than half of second-quarter sales at $5.4 billion of $12.6 billion total.
5C Group is considering an IPO to fund expansion of its AI data centre capacity across North America and Europe, CEO Simon Ahdoot said at the Bloomberg Canadian Finance Conference on 29 September. No timetable, exchange, or offering size has been disclosed. The company announced $835 million in equity and debt financing on 23 July, with Brookfield Asset Management leading the equity portion and Deutsche Bank leading the debt financing. 5C's roadmap includes more than 2 gigawatts of capacity supporting hundreds of thousands of graphics processing units. Its 2026 capacity list includes 75 megawatts in Columbus, Ohio, and 50 megawatts in the US Northeast. The business was created by Hypertec Group on 10 April following Hypertec Cloud's acquisition of 5C Data Centers.
Deutsche Bank shares fell 4.5% after CFO Raja Akram indicated that Investment Bank third-quarter revenues could be flat to slightly lower year over year, depending on activity in the final days of the quarter. This follows a strong Q3 2025 comparison when IB revenues jumped 18% year over year. Fixed Income & Currencies activity was healthy in July before slowing in August, whilst September trends have been mixed. Credit trading remained below year-ago levels, though activity across other businesses stayed steady, with strong deal activity in mergers and acquisitions, equity offerings, and debt issuance. Management raised its 2026 net interest income outlook to slightly above the previous guidance of nearly €14 billion. Over the past six months, Deutsche Bank shares gained 23.9%.
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