Arab Today, arab today deutsche bank reports fall in profits
Last Updated : GMT 14:26:32
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Deutsche Bank reports fall in profits

Arab Today, arab today

Arab Today, arab today Deutsche Bank reports fall in profits

Frankfurt - AFP

Germany\'s top lender Deutsche Bank announced on Tuesday a fall of 37 percent in profits over the third quarter, to 777 million euros ($1.08 billion), blaming the financial downturn. The eurozone debt crisis, market turmoil, and fears of a global slowdown combined to create the worst financial climate since the collapse of Lehman Brothers in 2008, bank chief Josef Ackermann said in a statement.

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