Thursday 31 January 2013

Deutsche Bank swallows $4 billion of charges for cleanup

FRANKFURT (Reuters) - Deutsche Bank plunged to its worst quarterly loss in four years on Thursday after it took nearly $4 billion in charges to try and draw a line under a slew of scandals and boost its balance sheet without asking shareholders for cash.

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/Ldc_jA6J5VE/us-deutschebank-q-idUSBRE90U07R20130131

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