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BM2E51E12OK01
Wall Art and Photo Gifts from Reuters
BM2E51E12OK01
The two towers, headquarters of Germanys largest business bank Deutsche Bank AG are reflected in rain drops downtown Frankfurt, January 14, 2009. Deutsche Bank AG and Deutsche Post AG have agreed new conditions for the takeover of Deutsche Postbank two sources familiar with the negotiations said. The move comes as Deutsche Bank, Germanys biggest lender, said it expected record net losses of 4.8 billion euros for the fourth quarter and 3.9 billion for 2008 in a surprise profit warning which sent its shares tumbling more than 7 percent. REUTERS/Kai Pfaffenbach (GERMANY)
Reuters photo archive features some of the most dramatic and iconic moments ever captured
Media ID 5793077
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EDITORS COMMENTS
This print captures the iconic two towers, which serve as the headquarters of Germany's largest business bank, Deutsche Bank AG. Taken on a rainy day in downtown Frankfurt on January 14,2009, the image showcases an intriguing reflection of these towering structures in raindrops. The photograph symbolizes both strength and vulnerability as it coincides with significant developments in the financial world. During this time, Deutsche Bank AG and Deutsche Post AG were engaged in negotiations to establish new conditions for the takeover of Deutsche Postbank. This agreement between two major players in Germany's banking sector was seen as a crucial step towards shaping the future landscape of finance. However, amidst these discussions, Deutsche Bank faced unexpected challenges. In a surprising profit warning announcement, they revealed projected record net losses for both the fourth quarter of 2008 and the entire year. These staggering figures amounted to 4.8 billion euros and 3.9 billion euros respectively – news that sent shockwaves through global markets and resulted in a sharp decline in their share prices. The juxtaposition between this gloomy financial forecast and the reflected beauty of Frankfurt's skyline encapsulates a momentous period for both German banking institutions and worldwide economic stability. This thought-provoking image serves as a reminder that even amidst turbulent times, there is still inherent beauty to be found within our surroundings.
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