IN BRIEF (Page 16)
China Daily | Updated: 2009-01-15 07:59
Deutsche Bank in the red
Deutsche Bank AG, Germany's biggest bank, reported a loss of about 4.8 billion euros in the fourth quarter after debt and equity trading suffered amid the worst financial crisis since the Great Depression.
The bank said the loss also reflects increased provisions for debt backed by bond insurers and "other exceptional gains and charges".
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