Markets

Deutsche Bank posts best quarterly performance since 2014

  • It said first-quarter profits were 908 million euros ($1.10 billion). Global revenues.
Published April 28, 2021 Updated April 28, 2021 11:09am
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FRANKFURT: Germany's largest lender Deutsche Bank Friday reported its best quarterly profits for seven years, thanks to savings generated by restructuring and a good performance by its investment bank.

It said first-quarter profits were 908 million euros ($1.10 billion). Global revenues, at 7.2 billion euros, were up 14 percent year on year exceeding analysts' expectations.