DB Posts EUR3.4B Credit Trading Loss

Deutsche Bank recorded EUR3.4 billion (USD4.35 billion) in credit trading losses in the fourth quarter.

  • 05 Feb 2009
Deutsche Bank recorded EUR3.4 billion (USD4.35 billion) in credit trading losses in the fourth quarter. According to DB, which reported total net loss for the quarter at EUR4.8 billion, about one-third of the credit-trading losses related to its proprietary credit trading business, and were mainly from long position ...

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