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Deutsche Bank slips in currency trading ranking

German bank is now world's fourth biggest trader by market share: survey

Published Wed, May 25, 2016 · 09:50 PM
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New York

A TOUGH week for Deutsche Bank AG just got worse.

The German lender's share of the US$5.3 trillion-a-day currency market tumbled to 7.9 per cent, down from 14.5 per cent a year earlier, according to a Euromoney Institutional Investor plc survey. The bank is the world's fourth-largest currency trader by market share, sliding from second place in Euromoney's 2015 ranking after holding the top position from 2005 to 2013.

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