3 Hrs
Source:
Sky News
Deutsche Bank Posts Nearly Record Profits
Deutsche Bank Germany achieved nearly record profits in the second quarter of 2026, with pre-tax earnings reaching €2.68 billion, significantly approaching the highest level recorded in 2007. Net profits amounted to €1.64 billion, marking a 10% increase compared to the same period last year, although slightly below the 2007 level. The investment banking division, which focuses on corporate finance, advisory services, and capital markets, performed strongly, with its pre-tax profits rising by 60% to €1.3 billion. The bank plans to allocate €500 million for share buybacks in the second half of 2026 and is leveraging artificial intelligence to enhance efficiency and deliver greater value to its clients.
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