Arab Today, arab today deutsche bank profits fall in q1
Last Updated : GMT 12:49:27
Arab Today, arab today
Arab Today, arab today

Deutsche Bank profits fall in Q1

Arab Today, arab today

Arab Today, arab today Deutsche Bank profits fall in Q1

Frankfurt - AFP

Deutsche Bank, Germany\'s biggest lender, said Thursday that its bottom-line profit was cut by a third in the first three months as a result of weaker market conditions and exceptional charges. Deutsche Bank said in a statement its net profit amounted to 1.381 billion euros ($1.8 billion) in the period from January to March, down 33 percent from a year earlier. The first quarter net profit figure fell short of the 1.64 billion euros forecasted by analysts in a Dow Jones Newswires poll. Pre-tax profit fell 38 percent to 1.879 billion euros. \"Against a background of continued caution in global financial markets, we delivered solid results,\" said chief executive Josef Ackermann. Earnings were hit by \"weaker conditions in the first quarter 2012,\" he explained. But the bank also took a writedown of 257 million euros against its holding in the pharmaceuticals firm Actavis, which is being sold, Ackermann said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today deutsche bank profits fall in q1 Arab Today, arab today deutsche bank profits fall in q1

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today deutsche bank profits fall in q1 Arab Today, arab today deutsche bank profits fall in q1

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday