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Deutsche Bank misses estimates as client jitters hit trading

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CEO John Cryan is shrinking the trading operations, built by his predecessor, and raising capital levels eroded by misconduct costs.

Frankfurt

DEUTSCHE Bank AG reported fourth-quarter trading revenue that missed analysts' estimates as concerns about the company's finances weighed on clients.

Revenue from debt trading, the bank's biggest source of income, rose 11 per cent from a year earlier to 1.38 billion euros

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