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0 0.000499375780274557 0.000749063670411836 0.000749063670411836 0.000749063670411836 0.000499375780274557 0.000749063670411836 -0.00149812734082403
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Deutsche Bank (DB) Reports Highest Annual Profit Since 2007 on Strong Investment Bank Performance [Yahoo! Finance]

Deutsche Bank AG (DB) 
US:NYSE Investor Relations: db.com/ir/index_en.htm
Company Research Source: Yahoo! Finance
Aktiengesellschaft (NYSE:DB) reported its highest annual profit since 2007, following a better-than-expected fourth quarter. The German bank reported a net profit attributable to shareholders of 6.12 billion euros ($7.3 billion) last year, boosted by strong performance at its global investment bank. Pixabay/Public Domain The past year also marked the end of a three-year financial strategy during which Deutsche Bank Aktiengesellschaft (NYSE:DB) committed to and achieved a key profit target of over 10% return on tangible equity. The financial giant is now working toward a new 2028 target of 13%, which experts believe it may fall short of. Deutsche's investment bank continued to be the largest revenue producer in the quarter, with a 5% growth that was about in line with forecasts. One of the investment bank's biggest divisions, fixed-income and currency trading, recorded a 7% increase in revenue, above forecasts of a 4% gain. Deutsche Bank Aktiengesellschaft (NYSE:DB) is Germany' Show less Read more
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