Impressive results from its corporate and investment bank failed to save Deutsche Bank's bottom line during 2001 as loan provisions and weak markets pulled profits down significantly.

The German bank, Europe's largest, recorded full-year pre-tax profits of €1.8bn ($1.6bn) as it reported for the first time under US accounting rules, and took a €1bn charge as a result. In 2000 the bank made €6.9bn profits before tax.