Deutsche Bank to see 'normalization' in FIC business in Q3, CFO says

Deutsche Bank logo is seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights

FRANKFURT, Sept 21 (Reuters) – Deutsche Bank (DBKGn.DE) will see a “normalisation” of its fixed income and currency trading business in the third quarter from a strong performance a year ago, the lender’s finance chief James von Moltke said on Thursday.

The business makes up a big chunk of the investment banking revenue at Germany’s largest bank.

Reporting by Tom Sims, Editing by Rachel More

Our Standards: The Thomson Reuters Trust Principles.

Acquire Licensing Rights, opens new tab

Source link

credite