Deutsche Reports Strong Profits Despite $3.1 Billion Charge

Deutsche Bank, Germany�s largest bank, announced that it expected to write down $3.1 billion in loans and mortgage-backed assets as a result of the home-lending crisis. But it expected to increase profits....

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By: Christopher Owen
October 4, 2007
Deutsche Bank, Germany�s largest bank, announced that it expected to write down $3.1 billion in loans and mortgage-backed assets as a result of the home-lending crisis. But it expected to increase profits....