Wednesday, October 27, 2021

Deutsche Bank Q3 Core Bank Profit Edges Down, Says Confident Of FY22 View; Stock Down

German banking major Deutsche Bank AG reported Wednesday higher profit in its third quarter with sharp drop in provision for credit losses and higher revenues. Meanwhile, Core Bank profit before tax was slightly down amid flat Corporate Bank revenues and weakness in Investment Bank and Private Bank segments, despite a growth in Asset Management revenues. The shares were losing around 5 percent in

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