Meanwhile, Spanish lender Banco Santander SA reported a €12.6 billion charge in the second quarter after it re-evaluated goodwill associated with past acquisitions due to the deterioration in the economic outlook. The charge drove the lender to a second-quarter loss of €11.13 billion. “The past six months have been among the most challenging in our history,” Ana Botin, the bank’s executive chairman, said. In its earnings report, Deutsche Bank said the pandemic has made it difficult to predict the months ahead . “The current economic environment could result in both upward and downward pressure on the bank’s capital ratios and financial performance, which at this stage are difficult to predict with any certainty,” it said. Deutsche Bank DB -1.05% said profit was €61 million in the quarter ended June 30, compared with a €3.15 billion loss a year ago, when it took a big restructuring charge under an overhaul […]