Deutsche Bank posts a surprise bounce back to profit with 3rd-quarter earnings, driven by 47% jump in debt-trading | Markets Insider

📆 28/10/2020 13:26:00
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Deutsche Bank posts a surprise bounce back to profit with 3rd-quarter earnings, driven by 47% jump in debt-trading

Germany's largest lender posted a net profit of 182 million euros in its strongest quarter of the year, beating expectations of a 114 million euro loss .

Income from trading fixed-income securities and currencies rose 47% to 1.8 billion euros , thanks to higher market volatility that was accelerated by the coronavirus pandemic.

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