Fixed income traders fail to prevent Deutsche IB losing money

Jasper Cox

January 30, 2020 09:30 pm

Deutsche_PA_575x375_30Jan2020 — 30 January 2020, Hessen, Frankfurt/Main: Christian Sewing, Chairman of the Management Board of Deutsche Bank, will speak during the annual media conference at the bank's headquarters. Deutsche Bank has slipped even deeper into the red in 2019 due to the Group restructuring. In the 2019 financial year, the bank reported a loss of around 5.7 billion euros. (In the foreground is the red light of a television camera) Photo: Arne Dedert/dpa | Arne Dedert/DPA/PA Images

A hefty increase in revenues from rates and credit trading helped Deutsche Bank’s investment bank in the fourth quarter, but the division still made a loss.

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Jasper Cox