FRANKFURT, Oct 3, 2007 (AFP) - Deutsche Bank, Germany's biggest lender, said Wednesday it would take charges of roughly 2.2 billion euros (3.1 billion dollars) to cover losses connected with the US home-loan crisis.

But the bank still expected its net third-quarter profit to exceed 1.4 billion euros, it said.

FRANKFURT, Oct 1, 2007 (AFP) - Deutsche Bank, Germany's biggest bank, said Monday it has finalised its purchase of a 10-percent stake in Hanoi Building Commercial Joint Stock Bank (Habubank).

A spokesman for the German bank declined to provide details however.

In February, Deutsche Bank said it sought to buy up to to 20 percent of Habubank pending a relaxation of Vietnamese legislation.

BRUSSELS, Sept 24, 2007 (AFP) - EU regulators gave the green light on Monday to Deutsche Bank's purchase of British bank Lloyds TSB's life insurance arm, Abbey Life, after finding the deal would not stifle competition.

The European Commission waved through the deal following a fast-track antitrust review procedure reserved for deals not expected to pose any competition problems.

Lloyds TSB, the fifth-biggest British bank, said on July 31 it would sell Abbey Life to Deutsche Bank for 977 million pounds (1.4 billion euros, 1.9 billion dollars).

FRANKFURT, Sept 24, 2007 (AFP) - Shares in the two biggest German banks, Deutsche Bank and Commerzbank, pitched lower Monday following an unconfirmed report that the former faced losses of up to 1.7 billion euros (2.4 billion dollars) linked to the US subprime crisis.

'The report is definitely hurting the share price. This is the last in a series of up-and-down news for the bank, which continues to shake investor confidence,' said a Frankfurt trader.

FRANKFURT, Sept 24, 2007 (AFP) - Shares in the two biggest German banks, Deutsche Bank and Commerzbank, fell early Monday following an unconfirmed report that the former faced losses of up to 1.7 billion euros (2.4 billion dollars) linked to the US subprime crisis.

'The report is definitely hurting the share price. This is the last in a series of up-and-down news for the bank, which continues to shake investor confidence,' said a Frankfurt trader.

FRANKFURT, Sept 4, 2007 (AFP) - The financial storm spawned by the US home loan crisis should incite German banks and financial institutions to gather under fewer but stronger roofs, the head of the biggest German bank said here Tuesday.

'There are many small banks, in a fragmented market, which is certainly one reason why we had more serious consequences' than some other countries, Deutsche Bank chairman Josef Ackermann told a banking conference in Frankfurt.

FRANKFURT, Sept 4, 2007 (AFP) - The biggest German bank, Deutsche Bank, said Tuesday it had been affected by the US subprime housing market crisis but added that it's 'strong risk management' had kept the situation under control.

'The turbulent market conditions during the month of August inevitably affected Deutsche Bank, notably in Sales and Trading and Corporate Finance,' chairman Josef Ackermann said in a statement.