Deutsche Bank on July 24 reported a net loss of 3.1 billion euros for the second quarter, following restructuring charges of 3.4 billion euros.
Excluding exceptional costs, Deutsche made a profit of 231 million euros on revenue which fell by 6% year-on-year to 6.2 billion euros.The Frankfurt-based lender reported a common equity Tier 1 capital ratio of 13.4% compared to 13.7% three months earlier. It achieved a return on tangible equity of minus 23.7% for the quarter, compared to 2.7% over the same period in 2018.
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