Total net revenues at Deutsche Bank slumped by 13%, or 1.2bn ($1.45bn), from the first quarter of 2012 to 8.0bn. This is also down 6%, or 500m, from the second quarter of 2011.
There was no specific mention of its private wealth management results.
Go deeper with GlobalData
Pre-tax profits plunged 47%, or 900m, in the second quarter of 2012 to 1.0bn. This figure is also significantly down from the second quarter of 2011 – a 44% drop, or 800m.
Net income fell by 700m, or 50%, from the first quarter to 700m. This is a drop of 42%, or 500m, from the second quarter of 2011.
Source: Private Banker International
