Deutsche Bank confirms Q4 pressured by costs

Its fourth-quarter results are down from €1.3bn net profit a year earlier, when Deutsche Bank benefited from a tax gain of €790m.

Germany's Deutsche Bank on Thursday reported fourth-quarter net profit of €601m, confirming preliminary figures given earlier this week when the bank said earnings would be below market expectations because of integration costs.

The figure was down from €1.3bn net profit a year earlier, when Deutsche Bank benefited from a tax gain of €790m.

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