Deutsche Bank reports a 76% drop in profit

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Source: Bloomberg
Deutsche Bank AG, German biggest lender posted a 76% drop in 4th quarter profit as European debt turmoil harmed trading. Net revenue declined to EUR 147 million compared to EUR 601 million in previous year. Analysts predicted the net income to be at EUR 556 million. Deutsche Bank had a EUR 422 million pretax loss. 
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Thu, 02 Feb 2012 08:43:01 GMT

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