Thursday, January 30, 2020

Deutsche Bank Q4 Loss Widens, Core Bank Revenues Up, Backs View; Stock Up

Deutsche Bank AG reported Thursday a hefty net loss in its fourth quarter, wider than last year, with weak revenues. Core Bank revenues from ongoing core businesses, however, increased with strong performance of Investment Bank and Asset Management segments, and the company reaffirmed its forecast. Shares of the German banking major were gaining around 3 percent in the morning trading.

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