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.

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.



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By GlobalData

Source: Private Banker International