• 11/26/2024

Deutsche Bank Hit by Higher Costs, Plans €1 Billion Return

Wall Street Journal

Deutsche Bank posted a lower second-quarter net profit of €763 million, despite revenue rising 11%, after it booked higher costs and loan-loss provisions and said it expected to return more than €1 billion to shareholders this year.

https://www.wsj.com/articles/deutsche-bank-2q-profit-fell-on-higher-costs-plans-to-resume-share-buybacks-65868479