Shares in Deutsche Bank climbed to their highest in more than six years on Wednesday, outperforming a weaker banking sector following a Morgan Stanley upgrade to “overweight”.
“Despite 10% outperformance vs the sector over the last 12 months, we think there is more room to go for DBK, as improving IB revenue momentum and better confidence on cost delivery are not fully priced in consensus numbers,” analysts at the U.S. bank wrote in a note.
Shares in the German lender are up over 19% so far in 2024, while the broader European bank index has risen 12%.
Chinese goods exports have expanded sharply since 2020, with Chinese firms increasingly competing in advanced…
Remote work has become a permanent feature of labour markets. But the question remains how…
China’s green industrial strategy has outpaced demand, leaving renewables firms under strain and grid expansion…
Labor economists have the Society of Labor Economists. Health economists have the International Health Economics…
As generative artificial intelligence (AI) rapidly enters classrooms across the Balkans and Türkiye, the policy…
Society tells us that our potential for greatness is measured by how hard we work.…