UPDATE 1-Deutsche Bank sinks to Q1 net loss

Newswire

(Adds analyst comment, details, background) By Michael Steen FRANKFURT, April 24 (Reuters) - Deutsche Bank AG , Germany's largest bank, warned on Thursday that it would post a first-quarter net loss after taking more than a billion euros in charges for the sinking value of investments. The bank said it expected to post a net loss of 200 million euros ($219 million) and a pre-tax profit of 225 million euros when it reports next Wednesday, well below market expectations. Many analysts ...

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