Deutsche Bank approves €1 billion stock buyback plan
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Glonghui, January 29th – Deutsche Bank’s net profit attributable to shareholders in the fourth quarter was 1.3 billion euros, compared to the market expectation of 1.12 billion euros; fourth-quarter fixed income and currency business revenue increased by 6%. Deutsche Bank’s fourth-quarter credit loss provisions were 395 million euros; the company approved a 1 billion euro stock buyback plan.
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