Deutsche Bank's plan to become “the last man standing” in investment banking in Europe is working, the bank said on Tuesday, reporting a 16% year-on-year increase in quarterly pretax income. But the spectre of costly litigation and settlements cast a shadow over results, with the bank booking 470 million euros ($631 million) in litigation-related quarterly charges and topping up reserves for future litigation by 22% to 2.2 billion euros.

Source - http://www.financialexpress.com