deutsche bank announces 67bn net loss in 2015
Last Updated : GMT 09:07:40
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Last Updated : GMT 09:07:40
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Deutsche Bank announces 6.7-bn net loss in 2015

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Egypt Today, egypt today Deutsche Bank announces 6.7-bn net loss in 2015

Germany economy
Berlin - Arab Today

Germany's largest bank, Deutsche Bank, on Wednesday announced a loss of 6.7 billion euros ($7.3 billion) for 2015, blamed on litigation costs, depreciation and restructuring charges.

Some of these losses had already been announced earlier in 2015 but the bank reported additional litigation charges of 1.2 billion euros in the fourth quarter. Overall, it expects a fourth-quarter loss of 2.1 billion euros, it said in a statement.

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deutsche bank announces 67bn net loss in 2015 deutsche bank announces 67bn net loss in 2015



 
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