Deutsche Bank Targets to Boost Fixed Income Trading in Americas

Group 1 - Deutsche Bank is focusing on strengthening its fixed-income trading business in the Americas as part of its investment banking expansion strategy, aiming for a 20% revenue increase from 2023 to 2027 [1] - The bank has achieved significant success in Asia and Europe, ranking among the top three banks in those regions, but it is currently lagging in the Americas [1] - As of the first nine months of 2024, the investment banking division accounted for 33.8% of Deutsche Bank's total net revenues, with Fixed Income, Currency (FIC) Sales & Trading contributing over 80% of that division's revenues [1] Group 2 - Deutsche Bank's long-term goal is to be among the top five banks in the United States, aligning its status with its success in other global markets, and it has been restructuring its investment banking operations since 2019 [2] - Over the past year, Deutsche Bank shares have increased by 26% on the NYSE, outperforming the industry's growth of 12.6% [3]