Deutsche Bank AG

Deutsche Bank AG, Germany's biggest bank, reported its first quarterly loss in five years after writing down the value of loans for leveraged buyouts and asset- backed securities by 2.7 billion euros ($4.2 billion).

The first-quarter net loss of 131 million euros compared with a profit of 2.12 billion euros a year earlier, the Frankfurt-based company said today in a statement. Earnings were lifted by almost 1 billion euros from selling stakes in companies and a tax gain. Germany is rich anyways..won't really effect them.