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Deutsche Bank’s fixed income trading unit bolsters profit
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fnlondon.comDeutsche Bank’s investment bank beat expectations as a surge in fixed income trading and mergers and acquisitions fees helped bolster overall profit.
Profits of €1.8bn (£1.5bn) within its investment bank were ahead of analysts’ predictions of €1.3bn for the first quarter of 2022, despite an 83% decline in equity capital markets fees — a bigger drop than most of its rivals.
Deutsche’s...
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