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Deutsche Bank Investment Banking Division Helps to Lift Profit Above Views
Deutsche Bank reported a better-than-expected rise in its third-quarter profit on growth in its investment-banking division and the partial release of provisions linked to litigation over its Postbank acquisition.
Deutsche Bank Profits Boosted By Legal Settlements
Germany's biggest lender Deutsche Bank on Wednesday reported a sharp jump in third-quarter profits, boosted by the settlement of investor lawsuits related to a troubled takeover.
Deutsche Bank reports net profit of USD1.46 billion in Q3
Deutsche Bank, headquartered in Frankfurt, reported on Wednesday a net profit of USD1.46 billion attributable to its shareholders for the third quarter of the year. This figure represents an 11 percent increase compared to the same period last year and exceeds market expectations.
Deutsche Bank shares fell as lender's swing back to profit fails to impress
The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.
Deutsche Bank returns to quarterly profit amid cut to lawsuit provisions
Deutsche Bank bounced back to profit in the third quarter, as it reduced reserves set aside for investor lawsuits over its Postbank division while its global investment bank fired on all cylinders. A 15-quarter profit streak at Germany's largest lender was interrupted in the second quarter after it made a large provision for the lawsuits.
Deutsche Bank Backs Guidance After Profit Beat
Germany’s largest lender by total assets said it is on track to meet its targets for the year after it reported a better-than-expected rise in third-quarter profit.
Deutsche Bank swings back to profit in the third quarter, beating expectations
Deutsche Bank on Wednesday beat expectation in its return to profit in the three months to September, after snapping its 15-quarter profit streak in the second quarter. Net profit attributable to shareholders came in at 1.
Deutsche Bank flags credit risks as returns to profit in third quarter
Victoria Farr FRANKFURT (Reuters) - Deutsche Bank has raised its forecast for bad loans against the backdrop of a weak German economy, as the bank returned to profit in the third quarter, boosted by investment banking and a cut in reserves for Postbank lawsuits.
2h
Deutsche Bank's Q3 Earnings Rise Y/Y, Stock Slips on Provision Hike
DB's third-quarter 2024 results reflect a rise in Investment Bank revenues and a cut in Postbank-related lawsuits.
Opinion
6h
Opinion
Barclays and Deutsche Bank Need to Chase More Equity Deals
Barclays Plc and Deutsche Bank AG have both benefited from interest rates staying higher than expected this year, supporting ...
1d
Deutsche Bank beat third-quarter expectations, but what drove the surge?
Deutsche Bank reports a Q3 net profit of €1.46 billion, beating forecasts and reversing a previous quarter loss. Revenue ...
1d
Deutsche Bank Q3 Profit Climbs, Confirms Outlook; Stock Dips
German banking major Deutsche Bank AG reported Wednesday higher profit in its third quarter, driven by partial release of Postbank ...
Yahoo Finance
18h
Deutsche Bank AG (DB) Q3 2024 Earnings Call Highlights: Strong Profit Growth and Strategic ...
Pretax
Profit
: EUR2.3 billion, up over EUR500 million year on year ... Asset Management Revenues (Q3): Increased by 11% year on year.
Deutsche
Bank
AG (NYSE:DB) achieved strong operating ...
1d
on MSN
Deutsche Bank's credit loss outlook for Q4 deteriorates as headwinds persist
Q3 pretax profit, excluding a partial release of litigation provisions related to its takeover of Postbank AG, rose 6% Y/Y to ...
1d
Deutsche Bank reports Q3 profit before tax EUR 2.3B
Third-quarter profit growth driven by approximately EUR 440M partial release of Postbank-related litigation provisions, combined with ...
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