Deutsche Bank swings to Q1 profit on investment bank strength ...Middle East

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Deutsche Bank swings to Q1 profit on investment bank strength
source : Devdiscourse ( Middle East ) () 50
Deutsche Bank swung to better-than-expected net profit in the first quarter of 2021 as strength at the investment bank helped offset the headwinds of an ongoing restructuring program and the coronavirus pandemic. Deutsche painted a rosier look for 2021, saying it now expects revenues to be "essentially flat," compared with a previous estimate of "marginally lower".

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