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Shares in Germany's Deutsche Bank down sharply after lender announces large 4th-quarter loss

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FRANKFURT - Shares of Deutsche Bank AG fell sharply on Monday after Germany's biggest lender announced an unexpected fourth-quarter loss largely due to weak investment banking results and the cost of strengthening its finances.

Deutsche Bank, which warned the headwinds will continue this year, saw its stock slump 3.9 per cent in early trading to 37.80 euros, making it the worst performer on Frankfurt's DAX index.

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