Deutsche Bank has achieved a remarkable first-quarter net income of €1.45 billion, marking a 10% increase from last year.
![Deutsche Bank CFO discusses industry consolidation and a potential hit to banker bonuses. PHOTO: Justin Tallis / AFP](https://krugmaninsights.com/wp-content/uploads/2024/01/HFXHNF6E5ZRNMDD3IZ2KFTNNS4-1-1024x664.webp)
This impressive figure exceeds expectations, representing the highest first-quarter profit the bank has seen since 2013. The overall net revenue rose modestly by 1% to