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Main » 2015 » October » 8 » Deutsche Bank will suffer from fines Volkswagen?
Deutsche Bank will suffer from fines Volkswagen?

In the press there were rumors that due to problems in a major automaker, namely fines of billions of dollars because of the recent scandal may suffer Deutsche Bank. If earlier it was just a rumor, but now there and the evidence of this fact.



Deutsche Bank forecasts that the financial results for the third quarter 2015 loss of the company will amount to 6.2 billion euros. Against this background, we received offers reductions or pay dividends at all. After these statements the bank's shares lost 6 percent.

Interestingly, while the statements of the bank's management does not appear Volkswagen, but, as we know from practice, details may appear a little later, when the final amount of the fine is understandable. Currently, the bank's management assumes that it will be necessary to write off 5.8 billion euros of corporate service departments and divisions to work with securities and private investors due to the higher regulatory requirements. EUR 600 million the bank may lose due to lower his part in Hua Xia Bank Co. Ltd, 1.2 mldr bank debits on legal costs.


According to the materials WELTRADE

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