Quarterly revenue fell by 15 percent to 6.6 billion euros, hit by what it called “challenging market conditions”, but analysts said Deutsche’s revenue performance appeared weaker than that of its U.S. peers. FY15 has revealed that it expects to post a FY15 net loss of about €6.7bn due to write-downs of assets, litigation charges, and restructuring costs continue to impact its business; the bank said on last July that it expects to record a 27 loss of € 2.1bn . Cryan , who took over the top position at the bank two tough years , indicated that the bank will face two tough years as it undergoes strategic changes and a global restructuring.
FY15 has revealed that it expects to post a FY15 net loss of about €6.7bn due to write-downs of assets, litigation charges, and restructuring costs continue to impact its business; the bank said on last July that it expects to record a 27 loss of € 2.1bn . Cryan , who took over the top position at the bank two tough years , indicated that the bank will face two tough years as it undergoes strategic changes and a global restructuring.