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Deutsche Bank fixed income traders push investment bank to 10% gain

Investment Banking Editor

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A boom in fixed income trading at Deutsche Bank pushed its investment bank to a 10% gain in revenue even as its dealmaking unit slipped.

The German lender’s investment bank posted €3.5bn in revenue during the first quarter, which was ahead of analyst expectations following a record three months for its dominant fixed income trading division.

The German lender’s fixed income traders posted a record quarter, while its dealmakers were down 8%

Paul Clarke

Banking

Finance

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