Tuesday, July 29, 2014

Deutsche Bank Profit Declines as It Sheds Risky Businesses by JACK EWING



By JACK EWING


Net profit for Germany’s largest bank fell 29 percent in the second quarter to about $320 million. The bank set aside more money for legal problems, but executives focused on a 16 percent pre-tax profit increase, mostly the result of cost-cutting.


Published: July 29, 2014 at 4:00AM


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