Deutsche Bank, which is hiring at Cary tech center, reports best profits in 7 years
Profit attributable to Deutsche Bank shareholders was 908 million euros ($1.1 billion) in the first three months of the year. That compared with a loss of 43 million euros in the year-earlier period. Top-line revenues rose 14 percent to 7.23 billion euros. Asked on a conference call with journalists if the bank was now less risky and “boring,” Chief Financial Officer James von Moltke said that “we don’t shy away from your characterization of ‘boring’ as being a desirable thing for the company.” He said that the bank was “very focussed on risk management and we were very, very ...