Deutsche Bank’s ‘changed risk appetite’ hammers debt capital markets

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Deutsche Bank’s ‘changed risk appetite’ hammers debt capital markets

John Cryan Deutsche Bank CEO 230x150
John Cryan, Co-CEO of Deutsche Bank, arrives to the balance sheet press conference at Deutsche Bank headquarters in Frankfurt am Main, Germany, 28 January 2016. The Deutsche Bank balance sheet for the previous year shows a full-year net loss of 6.8 billion euros. Photo: BORIS ROESSLER/dpa | Boris Roessler/DPA/PA Images

Deutsche Bank’s resurrection as a force in capital markets will have to wait a little longer, based on disappointing second quarter figures the bank released on Thursday. Though the bank has rebuilt its capital base and settled many of its legal issues, its investment bank underperformed second quarter numbers from US peers.

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