The German lender said that despite the latest overall loss amid restructuring efforts, its four core businesses are all profitable
Deutsche Bank AG’s global overhaul has taken another big bite, with the German lender reporting a second consecutive quarterly loss as it exits businesses and absorbs restructuring costs.
The bank Wednesday reported a €832 million third-quarter net loss, including a €1 billion pretax loss in the new division where it has stashed businesses and positions it is selling or winding down, called the Capital Release Unit.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Deutsche Bank reports 832 million euro third-quarter loss on restructuringDeutsche Bank on Wednesday posted an 832 million euro ($924.35 million) loss in ...
Weiterlesen »
Deutsche Bank earnings: Q3 net loss comes in at 832 million euros, vs. expected loss of 778 million euros
Weiterlesen »
European stocks seen lower as investors watch US-China trade, big bank earningsEuropean stocks were seen slightly lower Wednesday morning amid reports that China is reluctant to commit to U.S. President Donald Trump's demands that it make significant purchases of American agricultural products.
Weiterlesen »
U.S. Treasury's Mnuchin open to bank liquidity relief following overnight funding crunch: BloombergU.S. Treasury Secretary Steven Mnuchin said on Tuesday he is open to loosening l...
Weiterlesen »
Bank of Canada seen on hold, inviting 'hot-money' flowsThe Bank of Canada is likely to keep interest rates steady on Wednesday in its f...
Weiterlesen »
Draghi leaves Lagarde to heal rift at European Central BankMario Draghi will leave a more united euro zone when he steps down as president ...
Weiterlesen »