Dz Bank AG Deutsche Zentral Genossenschafts Bank, Frankfurt Am Main Reduces $168M in Deutsche Bank Aktiengesellschaft ($DB)
Key Points
- Dz Bank AG Deutsche Zentral Genossenschafts Bank, Frankfurt Am Main changed its Deutsche Bank Aktiengesellschaft ($DB) stake by 35.6% last quarter, cutting to 9,413,537 shares worth $303.21 million.
- $DB last traded around $32.21.
Dz Bank AG Deutsche Zentral Genossenschafts Bank, Frankfurt Am Main reduced its position in Deutsche Bank Aktiengesellschaft ($DB) by 35.6% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,413,537 shares of Deutsche Bank Aktiengesellschaft after selling 5,205,761 shares during the quarter. Dz Bank AG Deutsche Zentral Genossenschafts Bank, Frankfurt Am Main's holdings in Deutsche Bank Aktiengesellschaft were worth $303.21 million as of its most recent filing.
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About Deutsche Bank Aktiengesellschaft
Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, private clients, and asset management products and services in Germany, the United Kingdom, the rest of Europe, the Americas, the Asia-Pacific, the Middle East, and Africa. It operates through Corporate Bank, Investment Bank, Private Bank, and Asset Management segments. The Corporate Bank segment offers cash management services, such as integrated payments and FX solutions; trade finance and lending offerings, including documentary and guarantee business, and structured trade finance and lending; and depository receipts, corporate trust, document custody, and securities services. The Investment Bank segment provides financing solutions in industries and asset classes; institutional sales, trading, and structuring in foreign exchange, rates, emerging markets, and credit trading; liquidity, market making services, and specialized risk management solutions for fixed income and currencies products; and advisory and financial products and services. This segment is also involved in the mergers and acquisitions business; and capital markets businesses in debt and equity. The Private Bank segment offers a range of payment and account services, and credit and deposit products, as well as investment advice, and postal and parcel services; and planning, managing and investing wealth, financing personal and business interests, and servicing institutional and corporate needs. The Asset Management segment provides access to investment capabilities in active and passive asset classes comprising Xtrackers range and alternatives; and access to private equity, private credit, real estate, and infrastructure. Deutsche Bank Aktiengesellschaft was incorporated in 1870 and is headquartered in Frankfurt am Main, Germany.
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