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Deutsche Bank posts rise in net income.

Deutsche Bank posts rise in net income.

04 February 2010 12:44 (UTC +04:00)

Baku â€“ APA-Economics. Deutsche Bank AG, Germanyâ€™s biggest bank, may say it returned to profit in the fourth quarter after posting a record loss a year earlier, helped by a rebound in trading, Bloomberg reported.

The bank may report net income of 650 million euros ($906 million), compared with a loss of 4.79 billion euros a year earlier, according to the median estimate of 14 analysts.

Frankfurt-based Deutsche Bank had net income of 1.38 billion euros in the third quarter on trading revenue and tax gains, its third straight quarterly profit.

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