It said net profit was 1.381 bn euros from January to March, down 33% from a year earlier

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Europe Germany Western Europe Deutsche Bank AG

It said net profit was 1.381 bn euros from January to March, down 33% from a year earlier

John Macdougall

Deutsche Bank, Germany's biggest lender, said Thursday that its bottom-line profit was cut by a third in the first three months as a result of weaker market conditions and exceptional charges.