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in General Section Mon Jan 14, 2019 5:35 am
by zhoumin1245 • 109 Posts

BERLIN Authentic Jaleel Johnson Jersey , July 27 (Xinhua) -- Deutsche Bank AG, Europe's largest investment bank, released disappointing figures for its revenue in the second quarter of 2017 on Thursday.


The Frankfurt-based financial institution recorded a 10 percent decline of revenues down to 6.62 billion euros (7.74 billion U.S. dollars) in Q2, the weakest quarter in three-and-a-half years.


An analyst consensus compiled by the bank had forecast substantially higher revenues of 7.15 billion euros.


"Revenues were not as universally strong as we would have liked it, in large measure because of muted client activity in many capital markets. As we modernize our bank we are turning our focus onto building profitable growth," a statement by CEO John Cryan read.


Investment banking was a particular weak spot Authentic Pat Elflein Jersey , where earnings of the reorganized unit fell by 16 percent as trading and transaction banking income shrunk. Deutsche Bank warned that revenues of its operating businesses would decline this year.


The news prompted Deutsche Bank's shares to fall by 3.7 percent to 15.98 euros, the steepest fall in over four months.


Back in March, Cryan had expressed his desire to achieve "modest growth" by focusing more on corporate clients and the bank's German roots. Deutsche Bank has announced three turnaround plans in as many years.


The financial institution had recorded its weakest yearly revenue in 2016 for six years, forcing it to raise an additional 8 billion euros to calm fears that it would be unable to pay misconduct fines.


Despite lasting weak revenue development in Q2 2017, however, Deutsche Bank more than doubled pre-tax profits in the same period.


Pre-tax profits rose to 822 million euros compared to 408 million euros last year Authentic Danielle Hunter Jersey , well ahead of analysts' expectations of 199 million euros. A substantial year on year fall in costs to 5.717 billion euros (15 percent) allowed the bank to surpass profit forecasts.


"Despite the significant improvement, this level of profitability falls short of our longer-term aspirations," Cryan said. Deutsche Bank is mid-way into a five-year corporate restructuring plan.


Xi says socialism with Chinese characteristics has entered new development stage


Beijing-Shenyang high-speed railway to be completed by end of 2018


Children in E China come to Underwater World to enrich vacation


Flood leaves 6 dead, 3 missing in northwest China


Big year for China's military as PLA to celebrate 90th birthday


China's biggest automated cargo wharf to start operation by end of 2017


Hukou Waterfalls in N China enter summer flood period


Chinese research vessel "Kexue" conducts operation in South China Sea


PARIS, July 28 (Xinhua) -- French Economy Minister Bruno Le Maire welcomed the investment plan between Air France-KLM, Delta Air Lines Authentic Eric Kendricks Jersey , China Eastern Airlines and Virgin Atlantic, calling it a "global strategic and industrial reinforcement," of the Franco-Dutch joint venture.


In a joint statement with transport minister Elisabeth Borne released on Thursday, Le Maire said "this operation will enable Air France-KLM to ensure the development of the long-haul segment in North America and Asia and to benefit from strong synergies in geographically and economically key marketing networks."


Following "the new capital and commercial partnership, the "Franco-Dutch flag carrier will strengthen," the minister added.


"As the group's largest shareholder Authentic Trae Waynes Jersey , the government fully supports this transaction, which creates value for the company, its customers, its employees and its shareholders," he said.


Under the sharing investment accord, state-owned China Eastern Corp. Ltd. will buy 10 percent in Air France-KLM stake Authentic Laquon Treadwell Jersey , a first such acquisition of a Chinese airline in a western carrier.


U.S. major airline Delta Air Lines, which holds 3.2 percent in China Eastern, will also buy 10 percent stake in the Franco-Dutch joint venture.


As part of "an integrated global alliance, unique in the world," Air France-KLM will acquire 31 percent of Vigin Atlantic capital.


To revive China, Xi holds high banner of socialism with Chinese characteristics


Chinese premier meets former WHO chief


Annual maximum peak of Hukou Waterfall seen due to heavy rainfall


RoboMaster 2017 summer camp held in Shenzhen Authentic Ben Gedeon Jersey , Guangdong


Big year for China's military as PLA to celebrate 90th birthday


China's biggest automated cargo wharf to start operation by end of 2017


Hukou Waterfalls in N China enter summer flood period


Chinese research vessel "Kexue" conducts operation in South China Sea

Zhang Shuai hits a return to Dominika Cibulkova of Slovakia during their second-round match at the Brisbane International in Brisbane, Australia, yesterday. The unseeded Chinese player lost to the second seed 6-2, 4-6, 4-6. — AFP

SERENA Williams lost her second-round match at the ASB Classic and the 22-time grand slam singles champion, frustrated by swirling winds Authentic Dalvin Cook Jersey , didn’t leave quietly.


“At least I can get out of these conditions,” No. 2-ranked Williams said after her 4-6, 7-6 (3), 4-6 loss yesterday to fellow American Madison Brengle.


“I would say it’s my least favorite conditions I’ve ever played in. Again my opponent played in the exact same conditions. She was able to adjust better than me. I really abhorred these conditions,” Williams said after the match in Auckland, New Zealand.


It was Williams’ second match since a four-month layoff to rest various injuries after her semifinal loss at the US Open in September. She’s now off to Melbourne for the Australian Open Authentic Anthony Barr Jersey , which begins on January 16, and an opportunity to go one better than Germany’s Steffi Graf, with whom she shares the Open-era record of 22 grand slam titles.


It was a bad day for the Williams family in Auckland, with Serena’s sister Venus withdrawin. Cheap Womens Jerseys Cheap Jerseys China Wholesale Cheap Kids Jerseys Cheap Soccer Hoodies China Cheap NHL Hats Cheap NBA Jerseys China Cheap MLB Shirts China Cheap Soccer Hats Free Shipping Cheap NFL Hats Free Shipping Wholesale Hoodies

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