Deutsche Bank posts record profit on strong trading / Photo: Kirill KUDRYAVTSEV - AFP/File
-
EU 'concerned' by reports Hungary leaked information to Russia
-
EU chief meets Australian PM as trade talks enter 'last mile'
-
Israel pounds south Beirut, says captured Hezbollah members
-
EU chief to meet Australian PM as trade talks enter 'last mile'
-
Champion Mensik, Medvedev dumped out of Miami Open
-
Jury at US social media addiction trial reports 'difficulty' in finding consensus
-
Stokes eager to lead England recovery after 'hardest period of captaincy'
-
Venezuela protesters demand end to 'hunger' level wages
-
Eight people arrested in Brazil for 'brutal' attack on capybara
-
Audi Q9 – how likely is it to become a reality?
-
Oil slides, stocks rebound on Trump's Iran remarks
-
On Iran, Trump executes his most spectacular U-turn yet
-
Trump announces 'very good' Iran talks denied by Tehran
-
Bill Cosby ordered to pay $19m over sex abuse claim
-
Dodgers eye 'threepeat' as new MLB season welcomes robot umpires
-
Dacia Striker: Stylish and sturdy?
-
Skoda Peaq: New all-electric seven-seater
-
Medvedev ousted by Cerundolo at Miami Open
-
Runway collision kills two pilots at New York airport
-
Bosnian truckers blocked EU freight terminals for a day over visa rules
-
Colombia military aircraft crashes with 125 aboard, many feared dead
-
Rip-offs at the petrol pump?
-
Shakira to wrap up world tour with Madrid residency
-
World gave Israel 'licence to torture Palestinians': UN expert
-
Colombia says 80 troops on crashed aircraft, many feared dead
-
France turns to 2027 race to succeed Macron
-
New Mercedes GLC electric
-
Namibia rejects Starlink licence request
-
Ex-model questioned in France over scout with Epstein links
-
UK sending air defence systems to Gulf: PM
-
Trump administration seeks to ease oil fears but industry wary
-
Blow to Italy's Meloni as she suffers referendum defeat
-
US deploys immigration agents to airports amid shutdown chaos
-
US, TotalEnergies reach 'nearly $1 bn' deal to end offshore wind projects
-
Spurs offer condolences to interim boss Tudor after father's death
-
Iran's true casualty figures unknown as internet blackout hampers monitors
-
Trump's ever-shifting positions on the war with Iran
-
Countries act to limit fuel price rise, cut consumption
-
'Stop, truck one, stop!': transcript of NY plane collision
-
Swiatek splits with coach Fissette after early Miami exit
-
WHO chief urges countries to complete pandemic agreement
-
Trump calls off Iran strikes and announces 'very good' talks
-
Russia, Vietnam advance plans for first nuclear power plant
-
New Trump envoy visits Honduras for organized crime-fighting partnership
-
No 'silver bullet' for video game age restrictions: PEGI chief
-
England coach McCullum survives review into Ashes drubbing
-
Mixed results for Lyme disease vaccine hit Valneva shares
-
Far-right French president no certainty despite rise of extremes
-
Trump tells AFP 'things are going very well' on Iran
-
Ukraine hits major Russian oil port near Finland
Deutsche Bank posts record profit on strong trading
Germany's largest bank Deutsche Bank posted record third-quarter profit Wednesday and beat expectations, boosted by a strong performance at its investment bank.
Third-quarter profit before tax rose eight percent on the previous year to 2.4 billion euros ($2.79 billion), ahead of the 2.27 billion euros expected by analysts surveyed by financial data firm FactSet.
"We delivered record profits in both the third quarter and first nine months of 2025," Deutsche boss Christian Sewing said.
"We are on track to deliver on our 2025 financial targets," he added.
Revenue rose across most of the bank, but the investment bank led the way with a rise of 18 percent to three billion euros.
That was driven by a strong quarter for bonds and currency trading "following strong levels of market activity", Deutsche Bank said.
Intense market volatility sparked by the tariff threats of US President Donald Trump had helped the division drive a strong rise in profit earlier in the year.
Sewing said in July that Deutsche Bank, as one of the few remaining European global investment banks, should also benefit from investors looking to diversify away from the United States amid tariff turbulence and worries about overexposure.
E.Ramalho--PC