Wilson PonA Huge Profit Rise for Deutsche Bank
January 26th 2010 02:05
Whilst over 80 percent of the banks in worldwide sunk in the financial trouble, the Deutsche Bank is one of the fortunate banks that reported a huge profit rise for its second-quarterly profits.
As the Germany’s largest bank, Deutsche Bank has passed the “economy crisis test” with flying color, when it reported a 67 percent rise compared with the same period in previous year!
Furthermore, Deutsche Bank accumulated a net profit of US$1.556 billion for the second quarter of 2009. It’s a measly US$500 million of profit gained than a year ago!
Dr. Josef Ackermann, the chief executive of Deutsche Bank mentioned the bank has well prepared for overcoming the uncertain changes in the next few months!
As the Germany’s largest bank, Deutsche Bank has passed the “economy crisis test” with flying color, when it reported a 67 percent rise compared with the same period in previous year!
Furthermore, Deutsche Bank accumulated a net profit of US$1.556 billion for the second quarter of 2009. It’s a measly US$500 million of profit gained than a year ago!
Dr. Josef Ackermann, the chief executive of Deutsche Bank mentioned the bank has well prepared for overcoming the uncertain changes in the next few months!
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