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Deutsche Bank to face renewed scrutiny as legal woes continue

Published Wed, Oct 26, 2016 · 09:50 PM
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Frankfurt

GERMANY'S biggest lender Deutsche Bank will face renewed probing on Thursday, as investors pore over its third-quarter results after it was hit with a multi-billion-dollar fine by the US Department of Justice.

"It will be important to keep an eye on growth in provisions for legal risks," Equinet analyst Philipp Haessler said.

News of a US$14 billion demand from the justice department over Deutsche's role in the sub-prime …

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