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Deutsche Asset & Wealth Management doubles profits, shaves cost/income ratio

At a conference in London, Michele Faissola, head of Deutsche Asset & Wealth Management ‎announced the bank had earned €1.2 billion from both businesses in 2013, from an asset base of close to a trillion Euros. “The first quarter of 2014 was positive and the second quarter was the best we’ve had so far, so flows are starting to kick…

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