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Daily Digit: Deutsche Bank's Litigation Bill
600 million euros is today's Daily Digit in Europe - the amount Germany's Deutsche Bank says litigation charges will increase by. It's to pay for mortgage-related lawsuits in the U.S. and other regulatory investigations. Deutsche Bank haven't said exactly what those other charges are for. But it's revised its payment pot for legal fees, now 2.4 billion euros. The extra cost reduced its annual net profit to 800 million euros.
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