The results underscore urgency for Chief Executive Officer Christian Sewing to come up with alternative sources of growth, after relying on a boom in fixed income for much of his turnaround so far. That meant a 12% slide in the fixed-income business led to a drop in revenue and profit at its investment bank in a quarter when UBS Group AG and Barclays Plc reported gains. rivals and its previous exit from stock trading caused it to miss out on a rally that lifted revenue at peers.
The German lender posted a smaller jump in dealmaking fees than its U.S. Hamburg Is at the Heart of Germany’s Growing Dilemma Over China Meet Six People Fighting Water Scarcity Across the Globe Click Apply.(Bloomberg) - Deutsche Bank AG’s reliance on debt trading became ever more apparent in the third quarter as an industrywide slump in that business weighed on results.Ī Deep Dive Into Squid Game's World of Inequality
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