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Deutsche Bank sees capital hit as Basel rules add to legal woes

Friday, June 3, 2016 - 05:50

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The German bank has faced 12.6 billion euros of legal costs and provisions since the start of 2012, more than any other lender on the European continent.

London

DEUTSCHE Bank AG, which has faced the highest legal bills among continental European lenders, will probably set aside even more capital or shrink businesses as global regulators tighten the rules for how lenders measure risk.

"The big issue for us, and this is a little

sentifi.com

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