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The article mentions €6.7bn set aside, but their trimestrial loss is $3.48bn only. IANA-financial-analyst, but they're still profitable after scandal. Here are
by tajen 11y ago
The article mentions €6.7bn set aside, but their trimestrial loss is $3.48bn only. IANA-financial-analyst, but they're still profitable after scandal. Here are a few points of comparison:
- Revenue 2013: €197 billion (over 1 year)
- Profit 2013: €6.4 billion (over 1 year)
So the scandal cost them 1 year of profits, 3% of their revenue.