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    Deutsche Bank returns to profit

    The Associated Press
    29.04.2009 - 00:00 | Son Güncelleme:

    FRANKFURT - Deutsche Bank, Germany's biggest bank, said yesterday that it returned to a profit in the first quarter on a solid improvement in revenue after suffering big losses last year.

    The Frankfurt-based bank said net profit for the January-March period came in at 1.2 billion euros ($1.56 billion). It had a net loss of 141 million euros in last year's first quarter. Revenue increased 57 percent to 7.2 billion euros ($9.45 billion) from 4.6 billion euros in the first quarter of 2008.

     

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