Deutsche AT1s leap higher after surprise profit projections

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Deutsche AT1s leap higher after surprise profit projections

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Germany, Frankfurt - April 9, 2018.Deutsche Bank replaces CEO John Cryan with Christian Sewing..File dated October 2015 (Credit Image: © Sepp Spiegl/Ropi via ZUMA Press) | Sepp Spiegl/Ropi/Zuma Press/PA Images

Deutsche Bank’s additional tier ones soared in value by about three cash points at the beginning of the week, after the firm surprised investors by saying that it was expecting to make a strong profit for the second quarter of 2018.

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