Deutsche Bank on Thursday reported record pre-tax profits of 9.7 billion euros ($11.6 billion) in 2025, with all divisions performing well, even as Germany's biggest lender faces a new money-laundering probe.
The figure was up 84 percent from 2024, when earnings were hit by legal costs related to a troubled takeover. Net profit attributable to shareholders was 6.1 billion euros, more than double the figure last year.Â
Revenues rose seven percent to 32.1 billion euros, according to a statement from the bank.
"We delivered on all our 2025 financial goals," said Deutsche Bank CEO Christian Sewing in a statement.Â
"This gives us the strongest possible foundation for the next phase of our strategy," he said, adding the bank aimed to become "the European champion".
Profits were up strongly at its main divisions, including its investment banking arm and asset management.Â
The results came a day after prosecutors and police searched the the bank's headquarters in Frankfurt and its office in Berlin in an investigation over suspected money laundering offences.
According to the Sueddeutsche Zeitung daily, the probe is connected to suspected offences in the bank's dealings with companies linked to Russian billionaire businessman Roman Abramovich.
Prosecutors have not confirmed who was being targeted.
The news was a blow to the bank's efforts in recent years to recover from a series of scandals that had tarnished its reputation.
Deutsche Bank has undergone major restructuring, seeking to rely more on retail and corporate banking after an aggressive shift in the early 2000s into investment banking caused numerous problems.
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article.
...EXTREME COLD WATCH IN EFFECT FROM LATE FRIDAY NIGHT THROUGH
SUNDAY MORNING...
* WHAT...Dangerously cold wind chills ranging from 3 below zero to
the single digits above zero are forecast.
* WHERE...All of Central Alabama.
* WHEN...From late Friday night through Sunday morning.
* IMPACTS...Frostbite and hypothermia will occur if unprotected skin
is exposed to these temperatures. An extended period of
subfreezing temperatures could cause pipes to burst.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Dress in layers including a hat, face mask, and gloves if you must
go outside.
Keep pets indoors as much as possible.
Make frequent checks on older family, friends, and neighbors. Ensure
portable heaters are used correctly. Do not use generators or grills
inside.
If you do not have heat in your home or lack shelter, you can call
211 or visit 211connectsalabama.org for assistance locating
appropriate shelter from the cold.
To prevent freezing and possible bursting of pipes they should be
wrapped, drained, or allowed to drip slowly.
&&
Currently in Selma
23°
Clear
51° / 23°
6 AM
24°
7 AM
24°
8 AM
28°
9 AM
35°
10 AM
40°
Get Black Belt News headlines for free in your inbox every day!
Success! An email has been sent to with a link to confirm list signup.
Error! There was an error processing your request.
(0) comments
Welcome to the discussion.
Log In
Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.