Deutsche Bank’s Trading Revenue Set to Drop in Second Quarter
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Deutsche Bank AG Chief Financial Officer James von Moltke said that fixed-income trading revenue is set to drop in the second quarter, in what would be a miss of analysts’ expectations.
“Looking at fixed income and currencies, we would expect that to come in slightly lower in the second quarter versus the prior year’s quarter,” Von Moltke said at an investor conference on Thursday. The lender still expects to achieve full-year revenue of €30 billion ($32.5 billion), he said.