German financial services giant Deutsche Bank (DB) posted a drop in first-quarter net income to 1.4 billion euros from 2.1 billion euros in the prior-year quarter, with quarterly earnings per share falling to 1.44 euros from last year's 2.13 euros a year ago.
The company stated, "We continue to pursue our strategy of reducing legacy risks and strengthening our capital position, as evidenced by our disposal of Actavis and ongoing progress on litigation issues."
In the Corporate & Investment Bank, net revenues slid 8% in the 2012 first quarter to 6.2 billion euros from 6.7 billion euros in the first quarter 2011.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.