Deutsche Bank Fixed-Income Trading Revenue Jumps 16%, Plans 500 Million Euro Buyback
businesscompany-earnings 2 posts · 2 accounts
Deutsche Bank reported a 16% increase in second-quarter fixed-income trading revenue compared to the previous year, with the trading unit outperforming most U.S. rivals.
Following the earnings update, the bank outlined a fresh 500 million euro share repurchase plan, according to the Wall Street Journal.
From the sources (2 posts)
@firstsquawkDeutsche Bank Plans Fresh 500 Million Euros Buyback After Earnings Increase-WSJ
@businessDeutsche Bank's revenue from fixed-income trading jumped 16% in the second quarter on the previous year, as the unit outperformed most of its US peers.