23-Jan-14
Germany's largest bank, Deutsche Bank has indicated that it may be recorded, as it recorded losses on disposal of non-core assets, low-profit higher than expected profits.
The bank said it was considering as officials said that the future performance expectations of investors lower-than-expected profit warning. The bank is expected to announce fourth quarter results on January 29, 2014. The bank expects to sell non-core assets of more serious damage.
The bank has been trying to sell its non-core assets to improve its capital adequacy ratio. It was recorded in the fourth quarter of this year compared to serious losses. Also expected to be profitable in the quarter, the bank reported a weak bond trading revenue. The bank's earnings may also be affected, because it makes more reserves to meet the legal and accounting fees.
Deutsche Bank was fined $ 1.9 billion, a U.S. Federal Housing Finance Agency to settle claims that it deceived by the two companies in the sale of mortgage-backed securities before the financial crisis of 2008.
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