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KM Financial Solutions | UPDATE 1-Deutsche Bank sees $550 mln Q1 impact from strong euro, funding costs
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UPDATE 1-Deutsche Bank sees $550 mln Q1 impact from strong euro, funding costs

20 Mar UPDATE 1-Deutsche Bank sees $550 mln Q1 impact from strong euro, funding costs

Posted at 14:05h in News by
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FRANKFURT, March 21 (Reuters) – A strong euro and higher
funding costs would have a 450 million euro ($553 million)
impact on Deutsche Bank in the first quarter of the
year, the German lender’s finance chief warned on Wednesday.

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