FRANKFURT, Germany (AP) — Deutsche Bank saw profits slip 3 percent in the third quarter from a year ago, as higher costs for streamlining its business and from credit writeoffs offset better revenues from investment banking and trading stocks and bonds.
The bank said Tuesday that its net profit fell to €755 million ($974 million) from €777 million in the same quarter a year ago even though revenues rose 18 percent to €8.7 billion.
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