Deutsche Bank Q2 misses expectations hit by legal charges

Newswire

FRANKFURT, July 30 (Reuters) - Deutsche Bank's second-quarter pretax profit missed analyst expectations, hit by weaker revenues from debt trading and a 600 million euros hike in litigation reserves. Deutsche Bank posted a pre-tax profit of 792 million euros, well below the 1.3 billion euros forecast by analysts in a Reuters poll. Deutsche's quarterly earnings result stands in sharp contrast to peers. So far this reporting season, investment banking rivals like ...

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