Dresdner Kleinwort Wasserstein, maintained its profitability earning €282m ($332m) in the first nine months of this year while its parent Dresdner Bank lost €454m.

Helmut Perlet, chief financial officer of Allianz, said that Dresdner Bank will not break even this year and will make an operating loss at the end of 2003.

DrKW remains in the black with €282m profit

Shanny Basar

Allianz

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