The bank's shares are plunging after posting a net loss of €3.1 billion after 'strategic transformation charges.' It's the worst loss since 2008.
Deutsche Bank announced a loss that was bigger than the bank previously indicated, sending the shares plunging in Wednesday trading. Credit Suisse analysts said the loss was wider than the €2.8 billion loss the bank previously flagged to the market, and in a note to clients called the results"disappointing." View Markets Insider for more stories. Deutsche Bank on Wednesday morning announced a loss that was bigger than the bank previously indicated, sending the shares plunging.
Deutsche Bank announced a loss that was bigger than the bank previously indicated, sending the shares plunging in Wednesday trading. Credit Suisse analysts said the loss was wider than the €2.8 billion loss the bank previously flagged to the market, and in a note to clients called the results"disappointing." View Markets Insider for more stories. Deutsche Bank on Wednesday morning announced a loss that was bigger than the bank previously indicated, sending the shares plunging.
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