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Deutsche Bank reports 10% fall in Q2 revenue

It cites muted client activity in many capital markets, and expects operating revenue to slide this year

Published Thu, Jul 27, 2017 · 09:50 PM
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Frankfurt

DEUTSCHE Bank AG just keeps shrinking.

Europe's largest investment bank on Thursday reported a 10 per cent decline in second-quarter revenue to 6.62 billion euros (S$10.5 billion). Analysts had expected 7.1 billion euros for the top line, according to six estimates compiled by Bloomberg.

Income from fixed-income trading fell 12 per cent and equities revenue declined 28 per cent.

"Revenues were not as universally strong as we would have liked, in large measure b…

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