Like many other European lenders, Deutsche has had a good run of late. It just posted its best third-quarter profits since 2006, with higher interest rates pushing pre-tax earnings to €1.6 billion ($1.58 billion), handily beating analyst expectations of €1.3 billion.
Chief financial officer James von Moltke called 2022 a “landmark year”. Pre-tax profits rose 46% year-on-year in the first nine months, to €4.8 billion, with post-tax return on tangible equity hitting 8.1% – against 4.8%
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