Deutsche Bank Reports Unexpected €2bn Loss

What's Next In Payments®
3:48 PM EDT January 31st, 2013

Deutsche Bank has reported an unexpected net loss of 2.2 billion euros for Q4 2012. The bank’s reputation has been tainted in recent times by the numerous charges and investigations brought against it. The bank said that the costs related to those legal proceedings contributed to the loss in 2012.

Read the full story here.

Topics:
Comments
Also by This Author
What's Hot
Alternative Financial Services
New Partnership Set To Boost B2B eCommerce
Alternative Financial Services
University of Dubai Opts For New ERP System
B2B Payments
CMS Payments Site Heading For More Downtime
News
Visa’s Worst Nightmare: Smarter Bankers
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
Alternative Financial Services
New Partnership Set To Boost B2B eCommerce
Alternative Financial Services
University of Dubai Opts For New ERP System
B2B Payments
CMS Payments Site Heading For More Downtime
News
Cash Use—Is It Just An Age Thing?
View All Articles ››