Deutsche Bank Loses Ground in Trading as Overhaul Tested
- Lender losing market share in cash equities, advisory
- Slump in equities exacerbated by risk problems in derivatives
Deutsche Bank Is Losing Market Share, Here's Why
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Deutsche Bank AG co-Chief Executive Officer John Cryan is losing market share in businesses he wants to expand, highlighting the risks he faces in scaling back costly debt trading.
The German lender lost ground to competitors in the trading of stocks and in advising on mergers and acquisitions in the U.S. and Europe, both businesses that Cryan, 55, has singled out as core to the investment bank. Deutsche Bank’s equity-derivatives unit, which trades contracts tied to shares, fell “significantly” because of “challenging risk management,” the bank said.