Why Deutsche Bank's Trading Revenue Is Slumping in Three Charts
A pedestrian passes the offices of Deutsche Bank AG at dusk in Berlin.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Deutsche Bank AG co-Chief Executive Officer John Cryan on Thursday will need to explain how the investment bank helped push Germany’s largest lender into its first full-year loss since 2008 as he seeks to boost profitability and restore investor confidence.
The German lender said last week that “challenging market conditions,” principally at its investment banking and trading unit, cut the group’s fourth-quarter revenue 16 percent to about 6.6 billion euros ($7.1 billion) from a year earlier. Deutsche Bank is scheduled to release fourth-quarter earnings on Jan. 28, with Cryan speaking to analysts and reporters.