Deutsche Bank Securities Unit Reports Loss on Revenue SlumpBy
Fixed income and currencies trading saw 16% revenue decline
Transaction banking only unit at group to post profit gain
Deutsche Bank AG’s securities unit posted a loss in the fourth quarter with each of the businesses reporting a slump in revenue as co-Chief Executive Officer John Cryan scales back trading activities to bolster returns.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.