Deutsche Bank Posts Banner Quarter After Escaping Archegos Loss

  • Fixed-income trading tops peers for third straight quarter
  • Bank lifts outlook after highest profit in seven years
WATCH: CFO James von Moltke says Deutsche Bank plans to grow its investment banking unit after the strong performance.Source: Bloomberg
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Half-way through his restructuring of Deutsche Bank AG, Chief Executive Officer Christian Sewing took a big step toward convincing investors that Germany’s largest lender is no longer just a “show-me” case.