Deutsche Bank’s return to financial health persists into Q3

Deutsche Bank has recorded a third-quarter profit of £280 million (Kirsty O’Connor/PA)

Deutsche Bank reported its third straight quarterly profit amid continuing government financial help for businesses during the coronavirus pandemic and as revenues rose at its investment bank division.

The bank said on Wednesday that it made a profit of 309 million euros (£280 million) for the July to September period, in sharp contrast to an 832 million-euro (£754 million) loss in the same quarter a year ago when the bank had a large restructuring charge.