Skip to content
Subscriber Only

Deutsche Bank Is Doing Just Fine, Says Its Top Investment Banker

  • Garth Ritchie says lender competitive, gaining some share
  • ‘We’re disappointed with the way the market has reacted’
Video player cover image
Deutsche Bank CFO on Earnings, Saudi Arabia, Mergers
Updated on

The chief of Deutsche Bank AG’s embattled securities division says investors who have hammered the lender’s shares to an all-time low have it wrong.

“The franchise has not been impaired,” Garth Ritchie, a two-decade veteran at Deutsche Bank, said in an interview after the bank last week reported its worst third-quarter revenue in eight years. “I’m very confident that we’ll remain Europe’s number one investment bank for the foreseeable future.”