Deutsche Bank Woos Back Clients as It Recovers From Torrid Year - News Summed Up

Deutsche Bank Woos Back Clients as It Recovers From Torrid Year


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



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