Deutsche Bank Flags Deeper Cuts as Trading Drop Hits Profit

  • Global markets unit reports 28% drop in quarterly revenue
  • Net revenue falls 19% to 7.39 billion euros in second quarter

Dichtl: Deutsche Bank May Need Painful Capital Increase

Deutsche Bank AG Chief Executive Officer John Cryan signaled the German lender may have to deepen cost cuts after second-quarter profit was almost wiped out by a slump in trading and restructuring costs.

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