Subscribe
Business

Deutsche Bank shares drop on unexpected loss

By David McHugh
Published
Add Washington Examiner on Google
Deutsche Bank shares drop on unexpected loss

FRANKFURT, Germany (AP) — Shares of Deutsche Bank AG fell sharply on Monday after Germany’s biggest lender announced an unexpected fourth-quarter loss largely due to weak investment banking results and the cost of strengthening its finances.

Deutsche Bank, which warned the headwinds will continue this year, saw its stock slump 3.9 percent in early trading to 37.80 euros, making it the worst performer on Frankfurt’s DAX index.

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.