UPDATE 3-Deutsche Bank sinks to Q1 net loss on writedowns

Newswire

(Adds sources on Gerling NCM, more analyst comment) 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 news sent its shares lower and came as a reminder at the start of the first-quarter earnings season that equity market weakness could continue to dog banks well into 2003. Deutsche still ...

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