- Shares of
- "As a result of the recent enactment of the Tax Cuts and Jobs Act, Deutsche Bank AG expects to recognize an approximate EUR1.5 billion non-cash tax charge in the Group's consolidated IFRS
- Wall Street is bearish on Deutsche Bank, with an average price target of $17.54 — 7% below where shares were trading Friday morning, according to Bloomberg data.
- The bank is expected to report an annual profit on February 2.
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Deutsche Bank falls after announcing a $1.8 billion tax hit (DB)
The German bank is still expecting to turn a profit for 2017.
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