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Deutsche Bank Q3 net profit down 65% but above expectations

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Deutsche Bank posted a 65 per cent decline in net profit in the third quarter, it said on Wednesday, as Germany's largest bank restructures under new leadership.

[FRANKFURT] Deutsche Bank posted a 65 per cent decline in net profit in the third quarter, it said on Wednesday, as Germany's largest bank restructures under new leadership.

Net profit of 229 million euros (S$361.8 million) was down from 649 million euros a year ago but still beat the 149 million euros expected in a Reuters poll of analysts.

REUTERS

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