Deutsche Bank expects a slight decline in its fixed-income business this quarter, but still sees overall revenue of 30 billion euros ($32.56 billion) in 2024...
BERLIN - Deutsche Bank expects a slight decline in its fixed-income business this quarter, but still sees overall revenue of 30 billion euros in 2024, the chief financial officer of Germany's largest bank said.
"Overall, we expect to be up in the investment bank year on year, driven by significantly higher revenues in origination and advisory, and there we maintain some of the momentum that you saw in the first quarter", von Moltke said, adding that operational performance continues to be strong across businesses.
Today's rally isn't a durable bull run, but is driven by investors who want to "grasp the suds of yesterday's bubble," John Hussman wrote.TORONTO — Royal Bank of Canada says it's rewarding shareholders as its second-quarter profit rose from last year and it successfully closed its HSBC Canada acquisition.Don’t miss your chance to load up on these two market-beating stocks while these discounted prices last.
Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My Retirement Account
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. senators urge $32-billion in emergency spending on AI after finishing year-long reviewThe group of two Democrats and two Republicans said it was imperative to find consensus with AI taking off and other countries like China investing heavily in its development
Read more »
Senators urge $32 billion in emergency spending on AI after finishing yearlong reviewWASHINGTON (AP) — A bipartisan group of four senators led by Majority Leader Chuck Schumer is recommending that Congress spend at least $32 billion over the ...
Read more »
B.C.’s poor grade in 2024 poverty survey ‘concerning,’ says food bank headB.C. Premier David Eby says issues around affordability ‘serious and on-going’ in commenting on report
Read more »
Budget 2024 won’t have much effect on inflation, Bank of Canada head saysTiff Macklem testified at a Senate committee that the spending plan tabled last month hasn't changed the federal government's fiscal track by much.
Read more »
Deutsche Bank’s Trading Revenue Set to Drop in Second QuarterDeutsche Bank AG Chief Financial Officer James von Moltke said that fixed-income trading revenue is set to drop in the second quarter, in what would be a miss of analysts’ expectations.
Read more »
Ex-Deutsche Bank investment banker gets 41 months prison in crypto fraudExplore stories from Atlantic Canada.
Read more »