FRANKFURT: Deutsche Bank posted a better-than-expected net profit for the first quarter as strength at its investment bank helped offset headwinds from restructuring and the pandemic.
Deutsche painted a rosier look for 2021, saying it now expects revenue to be "essentially flat", compared with a previous estimate of "marginally lower". The shares opened 4.4% higher.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
