Dresdner drops EUR517m in Q4

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GERMANY - Dresdner Bank lost EUR517m in the fourth quarter last year, according to its preliminary results for 2001. It said its cost savings were taking effect but loan loss provisions were increased.

According to these figures, the Dresdner Bank Group will disclose a profit after taxes of EUR186m against the background of the developments on the international capital markets. The previous year ...

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