Deutsche Bank Q1 profit jumps 10% as investment bank outperforms
Deutsche Bank posted on Thursday a better-than-expected 10% increase in first-quarter profit as a resurgence in fixed-income trading and deal-making propelled revenue at its investment banking division.
Deutsche Bank reports a 10% rise in profit before tax in Q1 2024
Net revenues for Deutsche Bank in Q1 2024 totalled €7.8bn, a mere 1% growth year-on-year, and this was attributed to an 11% growth in commissions and fee income.
Trading helps lift Deutsche Bank to highest quarterly profit in 11 years
Trading and investment banking helped lift Deutsche Bank to its highest quarterly profits in 11 years in the first three months of 2024, as global dealmaking started to pick up after a two-year long slump.
Deutsche Bank Posts Better-Than-Expected 10% Rise in Q1 Net Profit
FRANKFURT (Reuters) - Deutsche Bank posted on Thursday a better-than-expected 10% rise in first-quarter profit as a resurgence in fixed-income trading and deal-making propelled revenue at the investment bank.
Investment Banking Lifts Deutsche Bank Earnings
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations. The quarter saw a reversal from 2023, with investment banking doing better than its bread-and-butter lending and deposit-taking business,
Deutsche Bank’s Investment Bankers Step Up as Rate Lift Ends
Deutsche Bank AG relied on its traders and investment bankers to make up for a slowdown in income from lending, as Chief Executive Officer Christian Sewing seeks to deliver on an ambitious revenue goal.
J.P. Morgan Reaffirms Their Buy Rating on Deutsche Bank AG (DB)
J.P. Morgan analyst Kian Abouhossein maintained a Buy rating on Deutsche Bank AG (DB – Research Report) today and set a price target of
Deutsche Bank CFO on First-Quarter Profit, Investment Banking Unit, Rates
Deutsche Bank Chief Financial Officer James von Moltke discusses first-quarter earnings, the performance of the lender’s investment bank and the prospect of lower interest rates in Europe. He speaks with Bloomberg's Oliver Crook in Frankfurt.
Deutsche Bank Expected to Benefit From Investment-Banking Recovery -- Earnings Preview
By Adria Calatayud Deutsche Bank is scheduled to report results for the first quarter on Thursday. Here is what you need to know. REVENUE FORECAST:
Deutsche Bank Q1 Profit, Net Revenues Rise
German banking major Deutsche Bank AG (DB) reported Thursday that its first-quarter profit attributable to shareholders grew 10
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