Deutsche Bank counts cost of a tough quarter
Article Abstract:
Deutsche Bank AG posted a decline of 49% in its net profits for the 2001 second-quarter. The company posted 1.42 billion euros in net profits for the period.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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HVB plans more job cuts in wake of 48% fall in earnings
Article Abstract:
HVB Group, the second-largest bank in Germany, plans to eliminate more jobs and close branches as its third-quarter earnings dropped 48%. HVB announced that its third-quarter net profit fell to Euro68 million from E131 million in the second quarter.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Deutsche Bank warns of loss, boding ill for its weaker peers
Article Abstract:
Deutsche Bank AG forecasted a loss for the 2003 first quarter. The bank's forecast is based on the drop in value of some of its equity investments. Deutsche Bank's forecast is a sign that the German banking sector will see another tough year.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
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