Deutsche Bank reports loss of 1.2bn euros

10/27/2010

Deutsche Bank

BBC News, October 27, 2010

Germany's largest bank, Deutsche Bank, has reported a third-quarter loss linked to its planned purchase of Deutsche Postbank.

It reported a pre-tax loss of 1.2bn euros ($1.66bn; £1.05bn) in the quarter, hit by a 2.3bn-euro charge connected to the Postbank deal.

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