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Home>Deutsche Bank Profit Halves on Litigation Costs

Deutsche Bank Profit Halves on Litigation Costs

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Sun, 26 Apr 2015

By Eyk Henning FRANKFURT-- Deutsche Bank AG said Sunday its first-quarter net profit fell to EUR559 million ($607.8 million) from EUR1.1 billion a year earlier as hefty litigation costs outweighed near record revenue. The German lender's revenue rose 24% to EUR10.4 billion on strong performances
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