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Deutsche Bank CFO Says on Track for Top End of Revenue Guidance

Deutsche Bank AG is on track to reach the top end of its revenue guidance this year as higher interest rates more than offset the impact from a weaker economy, Chief Financial Officer James von Moltke said Thursday.

Germany’s largest lender, which has guided for full-year revenue of between 26 billion euros and 27 billion euros, has seen a strong performance in fixed income trading so far this quarter and continued momentum in the private bank and corporate bank, von Moltke said at a Bank of America Corp. conference. That’s helping offset weakness in origination and advisory that’s in line with the broader market, he said.