Deutsche Bank's Private Bank Reports Increased First Quarter Profit and Inflows
Deutsche Bank's private banking division reported a 39% increase in first quarter profit before tax to €681 million, driven by rising net revenues and accelerated inflows. Assets under management also rose by 10% to €694 billion, while the broader group saw a 7% increase in profit before tax to €3.04 billion.
Tickers: $DB
Topics: Asset Management Deutsche Bank Earnings Report Investment Banking Private Banking Profit