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Two accused teenagers to remain in custody for at least two more weeks | SaltWire #newsupdate #newsBERLIN - Deutsche Bank AG said a court ruling in a years-long litigation over its takeover of Postbank will require it to make a legal provision that will impact its second quarter and full-year profitability.
"While Deutsche Bank continues to disagree strongly with this assessment, the court's statements will impact Deutsche Bank's estimation of the probability of a future outflow, resulting in a legal provision in the second quarter of 2024." The estimate of the full amount of all claims by the Postbank shareholders, including cumulative interest, is approximately 1.3 billion euros . A spokesperson said that was the ceiling for the provision, which had not yet been determined.
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