Deutsche Bank Announces $7.3 Billion Annual Loss for 2015

January 21, 2016 7:35 AM

21 0

Deutsche Bank says it expects an annual loss of 6.7 billion euros ($7.3 billion) for 2015, compared with a net profit of 1.69 billion euros the previous year.

Germany's largest bank blamed the higher-than-expected loss on further litigation charges.

Also read: Monte Paschi sees 4.8 bln euro loss in 2016 after capital plan

Read more

To category page