Comment on Deutsche Bank Q1 earnings fall to $610M, hurt by penalties

Deutsche Bank Q1 earnings fall to $610M, hurt by penalties

FRANKFURT, Germany (AP) — Deutsche Bank says net profit fell to 559 million euros ($610 million) in the first quarter as legal penalties ate into stronger revenues from trading stocks and bonds. The bank had to deduct 1.5 billion euros from earnings to account for penalties it has agreed to pay to authorities in the U.S.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More World News