Deutsche Bank's Bad Debt Outlook Deteriorates for Second Time.

Deutsche Bank AG has adjusted its guidance for provisions for souring debt for the second time this year, now expecting about €1.8 billion for the full year. The increase in credit provisions in the third quarter was mainly due to the integration of retail lender Postbank. Despite challenges, the bank reported a 42% increase in third-quarter profit, with gains in the investment bank and asset management sectors. Chief Executive Officer Sewing remains optimistic about improving profitability and returning funds to shareholders. [Extracted from the article]