UniCredito's net increases 33% on higher fees

Article Abstract:

Unicredito Italiano S.p.A. of Italy posted 3rd quarter profit increase of 33 percent to 676 million Euros from 510 million Euros a year earlier. The financial earnings are due to increased trading fees and commissions. The Italian bank is planning to complete the acquisition of HVB Group AG of Germany by year's end, a first in European cross border acquisitions.

Italy, Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger, Unicredito Italiano S.p.A.

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Deutsche Bank's Net Profit Jumps 55%

Article Abstract:

Deutsche Bank AG of Germany net profit soared for the first quarter by 55 percent to 1.71 billion Euros ($2.16 billion) from 1.1 billion Euros last year. Revenues were driven by positive market conditions for its investment-banking business.

Company overview

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Deutsche Bank's net profit rose 46% in third quarter

Article Abstract:

Deutsche Bank AG of Germany posted soaring net profit of 991 million Euros ($1.19 billion) up from 680 million Euros in 2004, an increase of 46 percent. The banking giant is the largest German bank by valuation.

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