Deutsche Bank announces 1.2bn euro pre-tax loss in 4Q of 2013

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Deutsche Bank announces 1.2bn euro pre-tax loss in 4Q of 2013
By Deutsche Bank AG (GIF format logo) [Public domain], via Wikimedia Commons

Deutsche Bank announces 1.2bn euro pre-tax loss in 4Q of 2013 (via AFP)

Deutsche Bank, Germany’s biggest bank, announced late Sunday a pre-tax loss of 1.2 billion euros ($1.62 billion) in the fourth quarter of 2013 because of litigation costs and weakening revenues. In a statement issued more than a week earlier than markets…

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