Philippe Gijsels, senior equity strategist at Fortis Global Markets, talks about Deutsche Bank AG's quarterly loss reported today, valuation of German banks and Allianz SE's drop in first-quarter profit amid writedowns at its Dresdner Bank unit. Deutsche Bank, Germany's biggest bank, reported its first loss in five years after writing down the value of loans for leveraged buyouts and asset-backed securities by 2.7 billion euros ($4.2 billion). Gijsels speaks with Bloomberg's Mark Barton and Sara Walker from Brussels.
Rating:  (0 ratings) |
Views: 0 |
Added: Apr 29, 2008 |
| Category: Business |
|
|
|