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US exit slows down pbb – RoTE target postponed to 2028
Deutsche Pfandbriefbank closed 2025 with a pre-tax loss of €250m – in line with its own guidance. The withdrawal from the US business weighed on earnings, while new business increased by 23 per cent to €6.3bn. For 2026, the real estate lender expects pre-tax earnings of between €30m and €40m,…