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Deutsche Bank announces surprise loss

Discussion in 'Market News' started by ForexLive, Jan 20, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Germany's largest bank taking additional charges One of the sub-plots in today's trading was the drop in European banks. Deutsche Bank released a statement saying full-year revenue will be about 33.5 billion euros with a net loss of 6.7 billion euros for the year. The company is taking a litigation provision of 5.2 billion euros and restructuring charges of 1 billion euros.

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