Net revenues for the fourth quarter of 2011 decreased 7% to EUR6.9bn, compared to EUR7.4bn for the same period a year ago.
Corporate Banking & Securities Corporate Division posted loss before income taxes of EUR422m, compared to a profit of EUR603m for the same period in the prior year.
Global Transaction Banking Corporate Division generated net revenues of EUR929m, up 7%, compared to the same period in the previous year.
Asset and Wealth Management Corporate Division net revenues decreased 10% to EUR909m, compared to the same period in 2010.
Deutsche Bank chairman of the management board Josef Ackermann said that Once again, the bank has proved its ability to deliver substantial earnings in challenging conditions. In 2011, the bank’s classic banking business produced record earnings, thus counterbalancing the impact of weak markets in investment banking.
