Deutsche Bank Reports $1.1B Litigation Cost In Q3Mark Melin
The late Friday afternoon news dump is always interesting.
Today’s late afternoon featured Deutsche Bank AG (NYSE:DB) (ETR:DBK) announcing third quarter litigation costs of 894 euro, or $1.1 billion U.S. dollars.
Deutsche Bank to publish litigation costs of EUR 894 million
“Deutsche Bank today announced that it expects to publish litigation costs of EUR 894 million for the third quarter 2014. The litigation costs for the third quarter, which are for a number of items, are largely not tax-deductible,” the company said in a brief post on its exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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