Postbank First-Quarter Profit Falls 19% on Writedowns (Update1) - Bloomberg
Story date: 2008-05-07 10:47:00
Added on: 2008-05-08 00:01:05
May 8 (Bloomberg) -- Deutsche Postbank AG , Germany's biggest consumer bank by clients, said first-quarter profit declined 19 percent on writedowns related to the U.S. subprime- mortgage market collapse. Net income fell to 116 million euros ($179 ...
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