Deutsche Bank posted a 1.6 billion euro ($1.78 billion) loss in the fourth quarter of 2019, bringing the total loss for the year to 5.7 billion euros as the bank undergoes a costly overhaul, the lender said on Thursday. It was the third consecutive quarterly loss and fifth annual loss in a row for Germany’s top bank. Analysts on average forecast Deutsche would lose 1 billion euros in the quarter and 5 billion euros for the full year. …read more
Source:: Yahoo Finance
