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Deutsche Bank posts 29 percent drop in profit

FILE - In this Nov. 13, 2012 file photo the headquarters of Deutsche Bank is photographed in Frankfurt, Germany. Deutsche Bank AG has posted a 29 percent drop in second-quarter net profit, hit by what it described as higher taxes, declining revenue and political instability affecting the markets. Germany’s largest bank says Tuesday July 29, 2014 its net profit in the April-June period fell to 238 million euros (US$320 million), down from 335 million euros in the comparable period in 2013. (AP Photo/Michael Probst, File)

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