Deutsche Bank Q3 Hit: Bad News Far From Over?Mani
Deutsche Bank’s partially preannounced third-quarter net loss of €6.2 billion received widespread comments from the analyst community, with Goldman Sachs believing the that the development points to a sign of the magnitude of the challenge faced by the bank’s management. As detailed yesterday, Deutsche Bank disclosed that its board will recommend a reduction or possible elimination of the common share dividend for the fiscal year 2015.
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