Deutsche Bank, Germany's biggest lender, expressed confidence Thursday for business this year but warned of uncertainties connected with the regulatory environment and the increasingly cloudy economic outlook.
Speaking to shareholders at the annual meeting, the two co-chief executives Anshu Jain and Juergen Fitschen said Deutsche Bank was well-positioned for the year after making a "good start" in the first three months.
Net profit grew by 18 percent to 1.661 billion euros ($2.1 billion) in the period from January to March on a 2.1-percent increase in revenues.