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News 2026-07-07 19:45 UTC

BofA Sees 'Softer' Q2 for Deutsche Bank; Price Objective Up

() -- BofA Global Research expects Deutsche Bank (DBK.F) to report a "softer" second quarter, weighed down by a year-over-year increase in costs due to strategic investments, restructuring charges at its private bank division, and continued hiring. Net profit for the quarter is projected to decline 2% on an annual basi