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4 years ago
Deutsche Bank restates 2012 earnings on 600 mln eur charge
March 20, 2013 / 7:37 AM / 4 years ago

Deutsche Bank restates 2012 earnings on 600 mln eur charge

FRANKFURT, March 20 (Reuters) - Deutsche Bank said mortgage-related lawsuits and regulatory investigations have forced it to revise downwards its 2012 earnings.

Germany's largest lender said on Wednesday that last year's net income was 300 million euros ($387 million), 400 million euros less than previously stated, citing 600 million euros in additional litigation charges.

$1 = 0.7760 euros Reporting by Ludwig Burger; editing by Edward Taylor

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