Deutsche Bank: Client Support Drives 11% Revenue Growth in Investment Banking

Investment banking helped drive revenue gains at Deutsche Bank in the third quarter, with growth in fixed income and currencies (FIC) and origination and advisory (O&A) leading the way.The bank’s Investment Bank business saw 11% year-over-year growth in net revenues during the quarter, while Deutsche Bank’s overall net revenues were up 5%, according to a Wednesday (Oct. 23) earnings release.In prepared remarks for the company’s Wednesday earnings call, Deutsche Bank CEO Christian Sewing attributed the Inves ...