Deutsche Bank warns of significant losses from commercial real estate, reports €143M Q2 net loss. Blackstone Mortgage REIT cuts dividend amid distress

Deutsche Bank: Deutsche Bank has indeed reported significant losses from its commercial real estate exposure. The bank posted a net loss of €143 million for Q2 2024, largely due to provisions for credit losses and a substantial litigation charge. Blackstone Mortgage REIT: Blackstone Mortgage Trust (BXMT) has cut its dividend by 24% due to rising defaults …

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