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German banking major Deutsche Bank has achieved a profit increase at the start of 2024 despite higher provisions for potential risks, the Frankfurt-based DAX-listed company said on Thursday. It reported that its first-quarter profit attributable to shareholders grew 10% to €1.28 billion ($1.37 billion) from last year’s €1.16 billion. Earnings per share improved to €0.69 from €0.61 in the prior year quarter. Deutsche Bank reported 10% year-on-year growth in profit before tax to €2.04 billion in the first quarter of 2024. Net revenues grew 1% to €7.78 billion from last year’s €7.68 billion, prim…

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