Deutsche Bank reported a third-quarter net profit of 1.031 billion euros ($1.06 billion), slightly beating expectations.
A logo stands on display above the headquarters of Deutsche Bank AG at the Aurora Business Park in Moscow, Russia.on Wednesday reported a third-quarter net profit of 1.031 billion euros , slightly beating expectations, despite an 8% fall on the previous year.
Analysts had expected a quarterly net profit attributable to shareholders of 997 million euros, according to LSEG data.German lender recorded a net profit of 1.115 billion euros on the back of higher interest rates and increased market volatility that boosted its fixed income and currencies trading business.
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