Deutsche Bank Trading Woes Exposed in Slide Down Currency League
- After topping Euromoney ranking for 9 years, lender slips to 4
- Bank’s market share shrinks to 7.9%, from 14.5% a year earlier
Deutsche Bank CEO: Have Enough Capital to Repay Debt
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A tough week for Deutsche Bank AG just got worse.
The German lender’s share of the $5.3 trillion-a-day currency market tumbled to 7.9 percent, down from 14.5 percent a year earlier, according to a Euromoney Institutional Investor Plc survey. The bank is the world’s fourth-largest currency trader by market share, sliding from second place in Euromoney’s 2015 ranking after holding the top position from 2005 to 2013.