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October 3, 2007

Deutsche Bank Will Take $3.3 Billion Charge

Deutsche Bank will take charges for the third quarter of up to $3.3 billion on leveraged loans, structured credit products and mortgage-backed securities.  Unlike other big banks, It will still show a profit due to one-time gains, including sale of NYC property.  WSJ, Deutsche Bank to Take $3.3 Billion Charge
On Leveraged Loans, Credit Products.

October 3, 2007 in News Stories | Permalink

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