German regulator finds disclosure error in Deutsche Bank 2019 filing

German bank regulator BaFin has found that Deutsche Bank (DBKGn.DE), opens new tab had incorrectly disclosed deferred tax assets in its 2019 consolidated financial statement, it said on Tuesday.

The bank did not disclose deferred tax assets of 2.076 billion euros ($2.26 billion) for its U.S. business separately in the notes to the financial statement, although it should have because it recorded losses over several years, BaFin said.