Deutsche Bank sees fourth quarter pretax impact of $1.2 billion from DoJ civil penalty | International News Live Blog

https://internationalnewsliveblog.wordpress.com/2017/01/18/deutsche-bank-sees-fourth-quarter-pretax-impact-of-1-2-billion-from-doj-civil-penalty/

FRANKFURT (Reuters) – Deutsche Bank expects a negative impact of $1.2 billion on its fourth-quarter pretax profit from a civil monetary penalty of $3.1 billion agreed with the U.S. Department of Justice, its chief executive said in a message to staff. http://internationalnewslive.com/deutsche-bank-sees-fourth-quarter-pretax-impact-of-1-2-billion-from-doj-civil-penalty/