Deutsche Bank may see profits suffer on litigation burdens and de-risking efforts

Co-chief executive of Deutsche Bank, Anshu Jain, has warned that profits may suffer as a result of litigation costs and continuing efforts to de-risk balance sheets.

The impact could persist from the second quarter to the end of 2013.

We face known litigation burdens and will continue our de-risking efforts ....both of which might lead to negative P&L impacts.

Overall, we reaffirm our commitment to our strategic and financial aspirations for 2015.