Deutsche Bank reports first quarter pretax profits of Dem1.29 billion ($760 million), up 28 per cent from the Dem1.01 billion reported a year ago. Trading profits were largely credited for the strong performance, showing gains to Dem1 billion from Dem697 million in Q1 1996.

Commerzbank reports a 25.4 per cent decline in first quarter net income from financial transactions to Dem223 million ($131 million) from Dem299 million ($192 million) a year ago. Net income from financial transactions

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