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Deutsche Bank swings to full year profit after weak fourth quarter

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Reuters FRANKFURT
Last Updated : Feb 01 2019 | 11:35 AM IST

FRANKFURT (Reuters) - Deutsche Bank returned to profit in 2018, its first in four years, despite a loss in the fourth quarter, it said on Friday.

The fourth-quarter net loss of 409 million euros ($467.73 million) at Germany's flagship lender was greater than the 268 million euros expected on average by analysts, according to a consensus report on the bank's website.

($1 = 0.8744 euros)

(Reporting by Tom Sims and Patricia Uhlig; editing by Thomas Seythal)

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First Published: Feb 01 2019 | 11:24 AM IST

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