Deutsche Bank Securities Unit Reports Loss on Revenue Slump

  • Fixed income and currencies trading saw 16% revenue decline
  • Transaction banking only unit at group to post profit gain

Deutsche Bank’s 1.15 Billion Euro Problem...

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.