Income before taxes stood at €1.1bn, with an increase of 20%, from €942m during the year ago quarter.
During the current quarter period, the bank net income decreased by 3% to €755m, compared to €777m, while diluted earnings per share were €0.78 against € 0.74.
Corporate Banking & Securities (CB&S) revenues were €4.3bn, up by 65%, compared to €1.5bn during the same period earlier year, reflecting improved market conditions and increased market activity.
Global Transaction Banking (GTB) revenues stood at €1bn, with an increase of 6%, from €941m during the third quarter of 2011, indicating continued growth and strong business volumes.
Asset and Wealth Management (AWM) revenues grew by 11%, to €971m, against €876m during the corresponding period last year, mainly reflecting a gain on sale of an investment and higher revenues driven by market appreciation and higher performance fees.
Private & Business Clients (PBC) revenues stood at €2.6bn in the current quarter, up by 5%, from €2.4bn during the three months ended on 30 September 20111.
Founded in 1870, Deutsche Bank offers an array of banking services including private banking, business banking insurance, investment and wealth management.
