Deutsche Bank reported record third-quarter profits as bond and currency trading revenues surged at Germany’s biggest bank.
Net profit attributable to shareholders in the three months to September climbed 7 per cent to €1.56bn from a year earlier, Deutsche said on Wednesday, as the bank reaped the benefits of a quarter marked by higher volatility across markets.
Profit before tax at Deutsche’s investment bank rose 19 per cent to €965mn, helped by strong client activity.
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