Deutsche Bank : Q2 2018 preliminary results contained no major surprises
>Underlying trends close to expectations - Deutsche Bank has reported its key Q2 2018 data ahead of schedule due to the fact that they are “considerably†higher than the consensus estimates (see data overleaf). At the pre-tax profit level, the difference is apparently in the region of +€ 390m (€ 700m vs € 310m forecast). The relative magnitude of the impact reflects the lacklustre level of earnings in absolute value terms. Moreover, two-thirds of the difference appea...Deutsche Bank is a holding company acting as an international financial service provider. Co. offers a wide variety of investment, financial and related products and services to private individuals, corporate entities and institutional clients around the world. Co. has operations or dealings with existing or potential customers in most countries in the world. Co. is organized into the following six corporate divisions: Global Markets (GM); Corporate & Investment Banking (CIB); Private, Wealth & Commercial Clients (PW&CC); Deutsche Asset Management (Deutsche AM); Postbank (PB); and Non-core Operations Unit (NCOU).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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