April 29, 2020 / 5:08 AM / a month ago

Deutsche Bank swings to Q1 loss amid restructuring, coronavirus outbreak

FRANKFURT, April 29 (Reuters) - Deutsche Bank swung to a loss in the first quarter as the bank undergoes a costly overhaul amid the coronavirus crisis, the German lender said on Wednesday.

The bank earlier this week published some metrics for earnings but not the bottom-line figure attributable to shareholders, which showed a loss of 43 million euros ($46.64 million) in the quarter compared with a 97 million euro profit a year ago. ($1 = 0.9219 euros) (Reporting by Tom Sims Editing by Michelle Martin)

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