In Depth Analysis: CalculatedRisk Newsletter on Real Estate (Ad Free) Read it here.

Thursday, February 07, 2008

Deutsche Bank: Minor Write-Downs, Expects 2008 to be "Challenging"

by Calculated Risk on 2/07/2008 01:35:00 AM

From MarketWatch: Deutsche Bank 4th Quarter Net Profit -48% On Higher Taxes, Upgrades Dividend

Deutsche Bank ... reported no write-downs related to structured products and less than EUR50 million net write-downs in leveraged finance. ... The bank also reiterated its EUR8.4 billion pretax profit goal for 2008, even though it said it expects "conditions to remain challenging in 2008."
What? No visit to the Confessional?