Deutsche Bank says net profit down 14 percent in second quarter

FRANKFURT (Reuters) - Deutsche Bank on Wednesday posted a 14 percent drop in net profit in the second quarter from a year earlier, as Germany's largest bank restructures under new leadership.

Deutsche last week already flagged that net profit would be more than double analysts' forecasts in a rare piece of good news for the bank, which is cutting costs to revive profitability.

(Reporting by Tom Sims; Editing by Victoria Bryan)