Deutsche points to 'sustainable' investment bank revenue growth

Deutsche_Adobe_575x375_13Feb2020
By Jasper Cox
10 Dec 2020

At the end of a strong year, Deutsche Bank told investors that its investment bank had not simply benefitted from a rising tide lifting all boats, but that it would be able to carry on generating much of the extra revenue it created in 2020. It also boasted of working on a number of European sovereign debt deals.

"We believe that more than half the revenue growth delivered in 2020 is sustainable and not purely linked to the strong market conditions," said Mark Fedorcik, head of the investment bank, at an investor "deep dive" event on Wednesday.

The bank is guiding towards the investment bank making ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial