Deutsche Bank makes profit on cost cuts, trading income

first_imgFRANKFURT, Germany (AP) — Deutsche Bank has turned in a profit of 624 million euros for the pandemic year 2020. Germany’s largest bank said that cost cutting over the past several years was paying off. The cost cuts are part of a long-term transformation aimed at reducing riskier or less profitable lines of business and refocusing on its European and German client base. On top of that, the turbulent year saw more revenues from trading bonds and currencies. CEO Christian Sewing said Thursday that the bank has moved through a transitional period of restructuring and was now looking ahead to sustainable profits.last_img

Woman yields 4 sachets of ‘shabu’

first_imgFour sachets of suspected shabu valuedat around P15,000 were seized from resident Virginia Filoteo, a police reportshowed.  Bacolod City – Police nabbed a woman in a buy-bust operation in Barangay3. Filoteo was arrested after she soldsuspected illegal drugs to an undercover officer for P200 on Nov. 9, the reportadded. center_img The suspect was detained in the lockupcell of Police Station 8, facing charges for violation of Republic Act 9165, orthe Comprehensive Dangerous Drugs Act of 2002./PNlast_img

Bulldogs Come Up Short Against Tigers In Boys Soccer

first_imgThe Batesville Bulldogs lose a 1-0 contest to The Lawrenceburg Tigers in EIAC Boys Soccer.last_img