Deutsche Bank posts €770m profits

Deutsche Bank said today that it made €777m in net profit in a turbulent third quarter, beating analysts’ estimates.

Deutsche Bank posts €770m profits
Tue, 25 Oct, 2011 - 08:32

Deutsche Bank said today that it made €777m in net profit in a turbulent third quarter, beating analysts’ estimates.

The third-quarter earnings figure contrasts with a loss of €1.2bn in the same quarter last year, when the bank took a €2.3bn writedown related to consolidating its acquisition of Postbank.

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