News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Investment Banking

Deutsche ups revenue target for reshaped investment bank

Chief executive Christian Sewing says sweeping restructuring is on track and even ahead of expectations in some areas

Christian Sewing, chief executive officer of Deutsche Bank
Christian Sewing, chief executive officer of Deutsche Bank Photo: Getty Images

Deutsche Bank has increased revenue targets for its investment bank as chief executive Christian Sewing bids to convince investors that his radical overhaul of the struggling division remains on track.

In a presentation published ahead of its capital markets day on December 10, Deutsche said it was targeting 2% in top-line growth at its investment bank in 2020.

WSJ Logo