Deutsche Bank announces litigation costs of EUR 894 million in third quarter 2014
Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today announced that it expects litigation costs of approximately EUR 1.36 billion for the first nine months of 2014.
This figure includes litigation costs for the first six months of 2014 of EUR 470 million, which had already been published in the second quarter results on July 29, 2014. Deutsche Bank expects to publish litigation costs of EUR 894 million for the third quarter 2014. The litigation costs for the third quarter are largely not tax-deductible.
Deutsche Bank plans to publish its unaudited third quarter 2014 financial results as scheduled on Wednesday, October 29, 2014.
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