Deutsche Bank made 65,000 million Euros net profit in 2007, 7% increase despite the crisis
The German bank reported such record net profits thanks to its private banking division, shares sale and extraordinary items.
FACUA.org
Europa-07/02/2008
The leading German bank regarding assets, Deutsche Bank, increased its net profits 6,500 million Euros in 2007 (USD 9,490 million), equivalent to a 7% increase compared to the previous year, despite the financial crisis. Nevertheless, the bank suffered a drop in returns on investment.
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