Deutsche Bank reported record pre-tax profits of €2.3bn for Q3 2024, a 31% increase from last year, aided by a €440m release of litigation provisions related to the Postbank takeover. Excluding this release, profits were still a record €1.8bn. However, pre-tax profits for the first nine months decreased by 5% to €4.7bn, impacted by litigation costs. CEO Christian Sewing highlighted progress in resolving legacy litigation and confidence in future growth. Separately, the Higher Regional Court of Cologne ordered Deutsche Bank to pay additional compensation to Postbank investors, who claim they were underpaid during the 2010 takeover. Teljes cikk (Euronews.com)