DB Gold Short Exchange Traded Notes (DGZ) has released an update.
Deutsche Bank AG’s recent court hearing suggests that claims for a higher takeover offer price for former Postbank shareholders may be valid, which could lead to a legal provision affecting the bank’s Q2 2024 profitability and capital ratios. An estimated 1.3 billion euros may impact the bank’s CET1 ratio by 20 basis points, but management remains confident in meeting strategic and financial goals despite these developments.
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