Deutsche Bank net rises as gains offset charges
Article Abstract:
Third-quarter net profit for Deutsche Bank AG rose 31% to reach 1.62 bil euro despite having to write down asset value by approximately 2.2 bil euro, which were counterbalanced by capital gains and tax gains. Net revenue dropped 20% to 5.1 bil euro.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Write-down pares HBOS's net rise
Article Abstract:
Full-year 2007 net profit for UK bank HBOS PLC increased 3.8%, but write-downs totaling 227 mil pounds sterling had an impact. Net profit from ordinary shareholders increased to 3.97 bil pounds sterling.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
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