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Deutsche Bank posts Q2 loss amid restructuring and coronavirus crisis

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Deutsche Bank posted a loss in the second quarter as the bank undergoes a costly overhaul amid the coronavirus crisis, the German lender said on Wednesday.

[FRANKFURT] Deutsche Bank posted a loss in the second quarter as the bank undergoes a costly overhaul amid the coronavirus crisis, the German lender said on Wednesday.

The bank already said last week that its results would be slightly better than analysts had expected, and the net loss attributable to shareholders of 77 million euros (S$124.5 million) in the quarter was narrower than the 3.3 billion euro loss a year earlier.

REUTERS

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