Deutsche Bank managed to lose €6.8 billion last year.
The net loss was put down to large restructuring costs and risk provision as well as lower income. In May, it was fined a record $2.5 billion for its part in rigging interest rates.
The bank, Germany’s largest lender, is trying to deal with some 6,000 costly lawsuits over past wrongdoings.
It has also faced probes by Swiss authorities for suspected price fixing on the precious metals market and by US investigators looking into its Moscow branch on suspicion of possible involvement in money laundering.
In October, the Bank said it was scrapping dividends for 2015 and 2016. Investors are concerned that the litigation costs will damage profits for years to come.
At the time, the Bank also announced that 9,000 permanent staff positions would be axed along with an additional 6,000 IT contractors as part of the culture change being attempted by new boss John Cryan.
"We know that periods of restructuring can be difficult. However, I am confident that by continuing to implement our strategy in a disciplined way, we can transform Deutsche Bank into a stronger, more efficient and better-performing institution," he said.
"We are concentrating on 2016 and we are continuing our work to settle our litigation. The work of restructuring and investing in our platforms will continue this year."
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