Deutsche Bank Q1 Pre-tax Profit Down, Cuts FY19 Revenue View; Stock Dips

Deutsche Bank AG reported Friday lower pre-tax profit in its first quarter with weak net revenues. Net profit, however, increased from last year with lower tax expenses. The German banking major, which ended merger talks with smaller rival Commerzbank AG on Thursday, trimmed its fiscal 2019 view to expect flat revenues, compared to previous estimate of slightly higher revenues. The shares were lo

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