While you were sleeping Deutsche Bank disappoints

Mon, 20 Jan 2014

By Margreet Dietz Jan. 21 (BusinessDesk) – Shares of Deutsche Bank sank, taking other regional bank shares lower too, after the company posted an unexpected loss, raising concern that more skeletons might be lurking in the European corporate earnings closet. Shares of Deutsche Bank dropped 4.3 percent after the German lender also flagged that this year will provide “further challenges”. “2013 was the second successive year in which we have invested in the bank’s future growth and in further strengthening our controls while addressing legacy...

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