'Perfect black swan' - Deutsche Bank 2020 outlook dims after first quarter loss
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FRANKFURT (Reuters) - Deutsche Bank swung to a loss in the first quarter and the outlook for the full year darkened, underlining the impact of a costly overhaul and pressure on revenue as the coronavirus crisis devastates the global economy.Christian Sewing, the German lender's chief executive, described the outbreak as "the perfect black swan event" and the deepest crisis since World War II.The bank's shares nevertheless rose nearly 8% by 1325 GMT, building on the sharp gains of the last two..