Deutsche Bank’s shares fell 6.21% on Friday, after the bank unveiled weak Q4 figures and a third consecutive year of losses. Germany’s biggest bank reported net losses of 497 million euros in 2017, following losses of 1.35 billion in 2016 and 6.77 billion in 2015.
Deutsche Bank US tax cut
Deutsche Bank’s shares fell again yesterday (-0,97% added to the 5.16% drop on Friday) after releasing a profit warning for the 2017 fiscal year. This is due to the negative impact of the tax reforms in the US and worse figures in investment banking as a result of low trading levels.