Deutsche Bank surprisingly makes billions

(GermanPolicy.com) – In the 2021 financial year, Deutsche Bank recorded its best result in ten years with a surplus of EUR 1.9 billion, significantly more than market observers had expected. In particular, the bank’s business in bonds and currencies contributed to this. Pre-tax profit rose to around EUR 3.4 billion. CEO Christian Sewing commented: “All four business areas are developing as planned, or even better, and we have made faster progress in reducing old stocks.” Deutsche Bank is now heading for a return on equity of eight percent in the current year.

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