Wednesday, October 29, 2014

Deutsche Bank slumps to quarterly net loss as legal costs weigh

Posted by My Blog Collection at 5:03 AM

* Had hoped to clear legal issues in 2014 but postpones to 2015 FRANKFURT, Oct 29 (Reuters) - Deutsche Bank AG (Xetra: 514000 - news) fell to a net loss in the third quarter after falling victim to the legal costs which already this week prompted a management reshuffle designed to help tackle a long list of unresolved litigation issues. The bank, which in June raised 8.5 billion euros to ...



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