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Deutsche Bank Q3 profit slides 94%

Deutsche Bank - External

Deutsche Bank, Europe’s largest investment bank by revenue, said third-quarter profit slid 94% after it set aside $1.65bn to cover expected legal costs and income from debt trading fell.

C Suisse CEO and the payout 'mistake'

Brady Dougan Interview Pic

Credit Suisse made a 'mistake by paying Chief Executive Brady Dougan around $100m in 2010 under two different payout plans, the board member who oversaw the payment said in a television interview on Monday.