Journal # Deutsche Bank makes strong profit # 28.07.209 08 UTC
Kay HagedornJuly 28, 2009
There are pretty and ugly numbers coming from Germany's largest bank, Deutsche Bank. But the company is again posting a strong profit. Deutsche saw its earnings increase 68 percent in the second quarter on strong investment banking revenue. Yet, the bank also had to up its loan loss provision to one billion euros as more and more customers default.