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Boko Haram militants have seized a strategic island in Lake Chad from Niger's army, killing "many" soldiers in the first attack in Niger for weeks, army sources said on Sunday. Hundreds of armed fighters from the Islamic militant group aboard motorised canoes attacked the island of Karamga at dawn on Saturday, army and government sources said. "There were many (Niger soldiers) dead on Saturday, considerably more than in the first attack," said one of the army sources, referring to a battle in February for control of the same island in which seven Niger soldiers died.
Deutsche Bank said Sunday its profits fell around 50 percent year on year in the first quarter over legal costs from a rate-rigging case brought by US and British authorities. Net profits came to 559 million euros ($608 million) for the period running from January to March, down from 1.1 billion euros in the same period of 2014. Its net profit came in higher than the 256-million-euro average estimate of analysts surveyed by Bloomberg News. On Thursday, US and British authorities announced Deutsche Bank would have to pay a record $2.5 billion for manipulating interest rates in a multi-bank conspiracy that undermined global financial markets.