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Companies & Markets

Deutsche Bank beats forecasts as Q3 profit more than doubles

Published Thu, Oct 26, 2017 · 05:48 AM
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[FRANKFURT] Germany's biggest lender Deutsche Bank reported a third-quarter net profit more than double 2016's figure on Thursday, as it continues to battle through restructuring and Europe-wide headwinds.

The bank booked net profits attributable to shareholders of 647 million euros (S$1 billion) between July and September, 153 per cent higher than the same period last year.

AFP

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