Deutsche Bank Interim Report Reveals Large Profits Jump
BANKS
Despite this year's market turmoil and recession, Deutsche Bank's interim report for the first 10 months of 1991 showed a 21.7 percent hike in operating profit over the same period last year, rising from DM4.3 billion to DM5.2 billion. Although the bank does not report foreign exchange income separately, a bank spokesman says the figure was up substantially up.
"Foreign exchange expanded more than the average," says the spokesman, who adds that Deutsche Bank's profits from proprietary trading in
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