Deutsche Bank reported lower profits rise CEO Josef Ackermann had recently to announce a significant profit decline the shareholders of his company. This is a massive rebuilding of the structures of the group. At the same time, the company predicted a significantly stronger profits for the current year. The Exchange Portal boersennews.de explains the relationship. The German bank’s earnings declined by 5.2 billion. Also the company for 2.3 billion euros had to make write-offs. For investors, that means that equity only 15 percent and 25 percent was not as planned. The dividend per share was thus just 75 cents.
Especially the massive restructuring of the German Bank were responsible for the relatively meager profit belongs also the acquisition of Postbank and the private bank Sal. Oppenheim negatively reflected on the balance sheet. Positive impact on the balance sheet, however, had gains in investment banking. Here played the good stock and Bond transactions in the last quarter of a major role. Also not as good as hoped ran the branch and retail business in the past year. But at the same time, Deutsche Bank announced that an operating profit before tax by EUR 10 billion is sought for 2011 after messages of loss of. Market experts apply their forecasts with 8.6 billion, slightly lower than the company itself. The experts see the current poor results as a preparation for the record objectives. Therefore, they assume that Deutsche Bank tried to post as many loads as possible in the year 2010. More information: blog.boersennews.de/… University Service GmbH Lisa Neumann