January 31, 2013

Deutsche Bank incurs losses amid restructuring

Germany's Deutsche Bank, the biggest lender in Europe's economic power house, has reported hefty losses for the final quarter of 2012.

The bank is in the middle of its biggest restructuring process ever. Deutsche Bank of Germany logged painful losses in the last quarter of 2012, the lender reported on Thursday. Read more + video.

DW

Related,
Deutsche Bank swallows $4 billion of charges for cleanup - Reuters
Deutsche Bank's revamp yet to convince (video) - Reuters

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