Investment Banking

Deutsche Bank posts first annual profit since 2014

Chief executive Christian Sewing pledges more cost savings in 2019

Friday 1 February 2019 at 07:18

Deutsche Bank reported its first annual profit in four years for 2018, after its fourth-quarter net loss narrowed sharply.

Income before minorities was €341m ($391.4m) in 2018 compared with a year-earlier loss of €735m in 2017.