Deutsche Bank posts best profit in a decade but warns 800 job cuts as cost cutting continues

Deutsche Bank posts best profit in a decade but warns 800 job cuts as cost cutting continues

City A.M.

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Deutsche Bank recorded its best profit in a decade as the bank recorded its 11th consecutive quarter of profit but signalled there would be more job cuts as it continues its restructuring efforts. Pretax profit climbed 12 per cent to €1.9bn (£1.68bn), up from €1.7bn (£1.5bn) last year with a strong performance from the corporate [...]

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