Deutsche Bank Slump Hits Hedge Fund Unit It’s Trying to Grow

  • Prime finance unit suffers from lower client activity levels
  • Contributed to 31% drop in equity sales and trading revenue

Dichtl: Deutsche Bank May Need Painful Capital Increase

Deutsche Bank AG said second-quarter revenue dropped at its prime finance unit, extending a slump beyond businesses that Germany’s largest lender is seeking to exit as client concerns added to volatile markets.

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