Friday, October 28, 2005

DB Posts Record 3Q Profit

BERLIN (AP) -- Deutsche Bank AG said Friday that its third-quarter profit jumped a record 46 percent on stronger returns from investment banking and after it sold a stake in DaimlerChrysler AG. The biggest German bank by assets said net profit was 991 million euros ($1.2 billion) in the three months through September, compared with 680 million euros in the year-earlier period.

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