Thursday, February 2, 2023

Deutsche Bank Profit Surges, Sees Growth Ahead; Stock Down

German banking major Deutsche Bank AG reported Thursday a significantly higher profit in its fourth quarter and fiscal 2022, mainly reflecting a tax benefit in the U.S, despite weakness in Investment Bank and asset management revenues. The company said it recorded its highest annual profit, both before and after tax, since 2007. However, Deutsche Bank shares were losing around 4 percent...

from RTT - Earnings https://ift.tt/uav1cIf
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