October 29, 2013

Deutsche Bank Profit Falls 94% on 1.2 Billion Euro Charge

Deutsche Bank AG (DBK), Europe’s largest investment bank by revenue, said third-quarter profit slid 94 percent after it set aside 1.2 billion euros ($1.65 billion) to cover potential legal costs and income from debt trading fell.

Net income in the three months through September dropped to 41 million euros.. Read more.