Deutsche Bank has reported a 3.3% rise in second-quarter net profit as acquisitions boosted earnings from consumer banking and asset management, Bloomberg reported.

German-based bank’s net income was 1.2 billion euros ($1.74 billion), compared with 1.16 billion euros in the same period a year earlier.

The investment-banking chief Anshu Jain and management board member Juergen Fitschen will succeed chief executive officer Josef Ackermann as co-CEOs next year, Frankfurt-based bank said.

Deutsche Bank reported a net profit of 2.06 billion euros in the first quarter.

The bank is counting on consumer-banking acquisitions and gains from investment banking to meet a goal of 10 billion euros in operating pretax profit this year.

Josef Ackermann will step down at the next annual general meeting, a year before his contract expires, Deutsche Bank said. The bank plans for him to join the supervisory board and replace Clemens Boersig as chairman.

Deutsche Bank said its core businesses of private clients and asset management and the corporate and investment bank delivered a pretax profit of 5.5 billion euros in the first half of 2010.