Deutsche Bank AG made progress winning back clients who fled over capital concerns as it recovered from a turbulent 2016, but first-quarter profit was muted by debt-trading revenue that lagged behind peers. The German lender, fresh off an $8.5 billion capital increase, more than doubled its first-quarter net income from a year earlier, to €575 million ($627 million), it said Thursday. That was broadly in line with analyst...
Source: Wall Street Journal April 27, 2017 05:54 UTC