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Home>Deutsche Bank Profit Halves on Litigation Costs -- Update

Deutsche Bank Profit Halves on Litigation Costs -- Update

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Sun, 26 Apr 2015

By Eyk Henning FRANKFURT-- Deutsche Bank AG on Sunday said its first-quarter net profit fell around 50% as strong revenue growth was outweighed by a record penalty to settle with authorities over rate-rigging allegations earlier this week. Germany's largest bank said quarterly profit fell to EUR559
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