Investment banking operations led the growth in the third quarter

Investment banking operations led the growth in the third quarter

 Kirill KUDRYAVTSEV

Germany's largest bank Deutsche Bank posted record third-quarter profit Wednesday and beat expectations, boosted by a strong performance at its investment bank.

Third-quarter profit before tax rose eight percent on the previous year to 2.4 billion euros ($2.79 billion), ahead of the 2.27 billion euros expected by analysts surveyed by financial data firm FactSet.

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