Deutsche Bank reports 2nd-quarter profit despite loan losses

Deutsche Bank reports 2nd-quarter profit despite loan losses

Seattle Times

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FRANKFURT, Germany (AP) — Deutsche bank reported a small net profit of 61 million euros in the second quarter as cost-cutting and revenue growth outweighed increased loan losses due to the virus outbreak. The gain compared with a loss of 3.1 billion euros in the year-earlier quarter, when the bank had large expenses related to […]

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