Key facts
- Deutsche Bank may set aside more money than expected for souring loans.
- The provision is for the three months ending in June.
- The bank is cleaning up its balance sheet.
- Deutsche Bank's trading revenue is expected to be down 10% in Q2.
Deutsche Bank AG is signaling that it may need to set aside a larger sum than analysts have projected to cover potential losses from souring loans during the second quarter, which concludes at the end of June. This move is part of the bank's ongoing efforts to clean up its balance sheet and manage its credit risk exposure. The bank's trading revenue is also expected to be down 10% in the same quarter.