Major restructuring leads Germany’s largest lender to report a 42% rise in quarterly profits
“ Germany’s largest bank, Deutsche Bank, reported a significant increase in third-quarter profits, driven by the resolution of investor lawsuits related to its Postbank division. Net profits reached 1.46 billion euros ($1.58 billion), a 42 percent rise from the previous year. Analysts had predicted a figure of 1.32 billion euros, according to FactSet. The profits … Read more
