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Spas and Spa hotels in Karlovy Vary, Czech Republic

29.04.2008 - Deutsche Bank posts first qtly. loss in five years

Germany's largest bank, Deutsche Bank, has posted its first quarterly loss in five years.

The Czech Republic news are represented by www.karlovy-vary-czech-republic.com

Deutsche Bank recorded a loss of 141 million euros, mostly as a result of a 2.7 billion euro writedown in the value of assets as a result of the global financial crisis. In the same period last year, the bank made a record profit of more than 2.1 billion euros.

(Deutsche Deutsche Bank warns over profits ...
US Subprime Tremors Continue to Rock Germany's IKB Bank ...
Welle)


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