Deutsche predicts IB to make more than last year

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Deutsche predicts IB to make more than last year

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15 April 2020, Hessen, Frankfurt/Main: Customers wait patiently in front of a Deutsche Bank branch in downtown Frankfurt. Photo: Arne Dedert/dpa | Arne Dedert/DPA/PA Images

In contrast to what analysts had expected before its first quarter results, Deutsche Bank reckons its investment bank will outperform last year’s revenue figures in 2020. However, its fixed income and currencies sales and trading business did not match peers’ revenue growth in the first quarter.

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