The $DBK (-0.88%) achieved a net profit of 605 million euros in the fourth quarter, which is well below expectations. The main reason for this is increased costs due to the Group's restructuring.
Increased provisions for bad loans also had a negative impact on the result.
These increased due to the weak German economy and problems in the US real estate market.
Despite an 11% increase in investment banking income in the third quarter, these challenges remain.
