Deutsche Bank Legal on Potential Report of Legal Costs
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Deutsche Bank AG fell in Frankfurt trading on a report that the company may have to boost provisions for legal costs by 30 percent.
The shares declined as much as 1.4 percent to the lowest in more than seven weeks and were 1.2 percent lower at 25.03 euros as of 9:07 a.m. in Frankfurt. The benchmark STOXX 600 Banks Index lost 0.7 percent. Today’s decline extended Deutsche Bank’s slump to 24 percent this year.