Deutsche Bank unexpectedly posts losses for Q4

Source: Bloomberg
Deutsche Bank AG, the largest investment bank in Germany, reported an unexpected loss for the last quarter of the previous year, as accounting charges and legal costs exceeded estimates. The pretax loss stood at 1.15 billion euro, while the average prediction of economists was a 628.5 billion euro profit. Today, Deutsche Bank AG shares are losing 1.76% to 37.74 euro by 9:20 GMT in Frankfurt.
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