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Deutsche Reports Q4 Results
Deutsche Bank’s fourth-quarter profit fell nearly 54%, excluding costs related to the acquisitions of Deutsche Postbank and Sal Oppenheim Group.
Deutsche Bank’s fourth-quarter profit fell nearly 54%, excluding costs related to the acquisitions of Deutsche Postbank and Sal Oppenheim Group,The Wall Street Journal报告。银行的净利润跌至600€million in the fourth quarter from €1.3 billion a year earlier.
The lender’s net revenue rose to €7.4 billion from €5.5 billion in 2009, while its noninterest expenses were €4.2 billion in the fourth quarter of 2010. The Postbank deal added €93 billion to the bank’s deposit base and increased its total retail client number to €24 million.
Click here for the story fromThe Wall Street Journal.
Click here for additional coverage fromBloomberg.