Deutsche Bank (DB) Reports Q2 Loss on Lawsuit Provision

Deutsche Bank (DB) reported a second-quarter 2024 loss attributable to its shareholders of €143 million ($155.6 million) against the year-ago reported profit attributable to shareholders of €763 million ($830.7 million). The Germany-based lender reported a profit before tax of €411 million ($477.5 million), down 71$1.41 billion) for litigation related to the Postbank takeover, the bank reported a profit before tax of €1.7 billion ($1.9 billion).Result ...