Deutsche Bank reported stronger-than-anticipated first-quarter net profit on Friday, less than 24 hours after abandoning merger talks with Commerzbank. div > div.
Deutsche Bank reported stronger-than-anticipated first-quarter net profit on Friday, less than 24 hours after abandoning merger talks with Commerzbank.
The figures come shortly after Deutsche Bank and Commerzbank formally ended merger talks, saying the deal would have been too risky. Its common equity tier-1 ratio, which indicates a bank's strength, stood at 13.7% at the end of the first quarter.
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