Deutsche Bank sees slightly lower fixed income revenue in Q2

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 44 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

Deutsche Bank News

Fixed Income,James Von Moltke

Deutsche Bank expects a slight decline in its fixed-income business this quarter, but still sees overall revenue of 30 billion euros ($32.56 billion) in 2024...

BERLIN - Deutsche Bank expects a slight decline in its fixed-income business this quarter, but still sees overall revenue of 30 billion euros in 2024, the chief financial officer of Germany's largest bank said.

"Overall, we expect to be up in the investment bank year on year, driven by significantly higher revenues in origination and advisory, and there we maintain some of the momentum that you saw in the first quarter", von Moltke said, adding that operational performance continues to be strong across businesses.

Today's rally isn't a durable bull run, but is driven by investors who want to "grasp the suds of yesterday's bubble," John Hussman wrote.TORONTO — Royal Bank of Canada says it's rewarding shareholders as its second-quarter profit rose from last year and it successfully closed its HSBC Canada acquisition.Don’t miss your chance to load up on these two market-beating stocks while these discounted prices last.

Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My Retirement Account

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ex-Deutsche Bank investment banker gets 41 months prison in crypto fraudExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »