Deutsche Bank said considers issuing profit warning

Deutsche Bank - External

Deutsche Bank is likely to tell investors in coming days that its fourth-quarter results will fall short of expectations, according to people familiar with the matter.

The Wall Street Journal reports that the bank, which is scheduled to release results on January 29th, suffered larger-than-expected losses from sales of unwanted assets during the period, these people said.

And, like other banks in Europe and the U.S., Deutsche Bank was hurt by a slowdown in fixed-income trading.

Deutsche Bank executives are evaluating whether the expected damage is big enough to require the bank to disclose the likely shortfall ahead of its results.

Hit the link below to access the complete Wall Street Journal article:

Deutsche Bank Considers Issuing Profit Warning (subscriber content)

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