Deutsche Bank Q3 Revenue Expected Flat to Lower
Deutsche Bank Chief Financial Officer Raja Akram stated that the lender expects third quarter investment banking revenue to be flat or slightly lower compared to the previous year. Speaking at a conference, Akram noted the prior year period was particularly strong.
Insights:
Deutsche Bank's investment bank revenue is expected to be flat to slightly down in the third quarter compared to the previous year, Chief Financial Officer Raja Akram said on Wednesday morning. The projection follows an exceptionally strong comparative period for the lender in Germany. Investors are closely monitoring fee income trends across European financial institutions.
