first_img Deutsche Bank posts third quarter loss Deutsche Bank posted a third-quarter loss, weighed down by an expected 2.3bn euro (£2bn) charge on Deutsche Postbank, and stuck with a cautious outlook for 2011.By 2011, Germany’s flagship lender aims to achieve 10bn euros pre-tax profit at group level.“While some of the environmental variables are in line with or ahead of our assumptions, others have not yet reached the expected levels, particularly with respect to the normalization of interest rates,” the bank said.Although Deutsche Bank had warned in September that it would post a quarterly loss due to weaker sales and trading activity in July and August, it said there had been a “strong rebound” in September.Revenues in corporate banking and securities – the cash cow of Deutsche Bank’s investment bank – eased to 4.2bn euros in the third quarter from 4.4bn in the year-earlier period.It still accounted for the lion’s share of the group’s overall revenues of 5bn euros. Without the Postbank charge, Deutsche Bank’s revenues were 7.3bn euros. Tags: NULL whatsapp Show Comments ▼ John Dunne center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCutethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald Share whatsapp Wednesday 27 October 2010 2:59 am Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wraplast_img

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