Deutsche Bank Reports Fifth Annual Loss In A Row In 2019
Germany’s biggest lender Deutsche Bank said Thursday that it lost 5.7 billion euros ($6.3 billion) in 2019, its fifth annual loss in a row and its second-worst ever result. Deutsche’s net result was significantly worse than the 5.3-billion-euro loss forecast by analysts surveyed by Factset, dragged down by the costs of a massive restructuring launched […]