Deutsche Bank announced litigation costs 

deutsche-bank

Deutsche Bank has issued a press release to announce:

Approximately EUR 1.5 billion litigation cost in first quarter 2015

The majority of these litigation costs are not tax-deductible. Despite these costs Deutsche Bank will be profitable in the first quarter and will report near record revenues.

Deutsche Bank will give further details upon publishing its unaudited first quarter 2015 financial results.

Source: Deutsche Bank

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