Deutsche Bank Warns of Write-Downs

Deutsche Bank said in its annual report Wednesday that "continuing difficult market conditions may require us to write down the carrying values of some of our portfolios of assets, including leveraged loans and loan commitments."

Germany's largest bank has said it's weathered market turbulence that has damaged other banks, predicting pretax profits of 8.4 billion euros.

Shares in Deutsche Bank fell 2.2 percent to 71.86 euros ($111.62) in early trading.