Deutsche Bank counts cost of a tough quarter

Article Abstract:

Deutsche Bank AG posted a decline of 49% in its net profits for the 2001 second-quarter. The company posted 1.42 billion euros in net profits for the period.

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HVB plans more job cuts in wake of 48% fall in earnings

Article Abstract:

HVB Group, the second-largest bank in Germany, plans to eliminate more jobs and close branches as its third-quarter earnings dropped 48%. HVB announced that its third-quarter net profit fell to Euro68 million from E131 million in the second quarter.

Abstract, HVB Group

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Deutsche Bank warns of loss, boding ill for its weaker peers

Article Abstract:

Deutsche Bank AG forecasted a loss for the 2003 first quarter. The bank's forecast is based on the drop in value of some of its equity investments. Deutsche Bank's forecast is a sign that the German banking sector will see another tough year.

Forecasts, trends, outlooks, Forecasts and trends, Market trend/market analysis, Company sales and earnings, Company earnings/profit

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