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Deutsche Bank reports surprise loss

21.01.14 @ 08:59

  1. By EUOBSERVER

Shares in Deutsche Bank, Germany's biggest lender, slumped Monday after it posted a surprise €1.2bn fourth-quarter loss following a hike in legal costs and lower debt trading revenue. Co-Chief Executive Officer Anshu Jain spoke of a challenging year to ahead, with the bank shedding assets to meet stricter capital rules.