By Pierre Bertrand Deutsche Bank's third-quarter net profit fell despite a rise in revenue after costs and taxes rose. The German bank said Wednesday that it...
Deutsche Bank's third-quarter net profit fell despite a rise in revenue after costs and taxes rose.
The bank said its after-tax profit was down 3% on year, reflective of a 30% effective tax rate compared with 23% in the prior year. Deutsche Bank said non-interest expenses in the quarter rose 4% on year to EUR5.16 billion, comprising non-operating costs such as litigation and restructuring charges.
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