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Deutsche Bank Drops After Report That Firm Weighs Profit Warning

Deutsche Bank AG, Europe’s largest investment bank by revenue, fell the most in more than five months after a report that executives are considering issuing a profit warning.

The bank’s U.S.-listed shares dropped 3 percent to $52.27 yesterday in New York. The Wall Street Journal, citing people familiar with the matter whom it didn’t identify, said the bank is weighing whether to take the step amid losses incurred through asset sales in the fourth quarter. The company’s bond-trading division also struggled during the period, according to the report.