Deutsche Bank’s first quarter results jump 10%

April 25, 2024 Tóth Balázs
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Deutsche Bank on Thursday posted a better-than-expected 10% rise in first-quarter profit as a rebound in fixed-rate trading and deal-making boosted revenues at its investment banking division.
The gains mean investment banking has regained its position as Deutsche’s biggest breadwinner from the giant’s retail division, which has benefited from higher interest rates recently but suffered from client service disruptions.
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