Investors focused instead on a worse-than-expected forecast for loan-loss provisions, sending the shares down 3%. Full-year charges for bad debt will total 1.8 billion euros, or about 38 basis ...
This marked the second time in the last few months that Germany's largest bank has increased its bad-debt provision forecasts. The bank's shares were 3% lower by midmorning. "It feels the ...
(Bloomberg) -- Deutsche Bank AG said it will have to set aside more money than expected for souring debt, the second time ... units and a doubling of credit provisions from a year ago weighed ...
“The council maintains an accounting provision for potential bad debt write off. “The adequacy of this provision is reviewed each year and is subject to audit review. “The amount for write ...