Deutsche Bank expects first-quarter write-downs of 2.5 billion euros, ($4 billion) related to leveraged loans and loan commitments, commercial real estate, and residential mortgage-backed securities
Deutsche Bank said as it had indicated on Earlier (Mar 26) that 'markets remained difficult early in 2008', adding that 'conditions have become significantly more challenging during the last few weeks.'
Deutsche Bank expects a BIS Tier 1 capital ratio at the end of the first quarter 2008 of between 8 and 9 percent, consistent with the bank's published targets.
Deutsche Bank said as it had indicated on Earlier (Mar 26) that 'markets remained difficult early in 2008', adding that 'conditions have become significantly more challenging during the last few weeks.'
Deutsche Bank expects a BIS Tier 1 capital ratio at the end of the first quarter 2008 of between 8 and 9 percent, consistent with the bank's published targets.
For the rest of 2008, the risks for the banking industry are accumulating, especially for those firms, such as Deutsche Bank, with significant exposure to the U.S. markets.
CNN Money – Deutsche Bank Sees Q1 Mark-Downs of Around 2.5 Bln Eur
Forbes – Bad News From Deutsche Bank
Forbes – Bad News From Deutsche Bank
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