(Bloomberg) — Deutsche Bank AG raised the outlook for the investment bank after its debt traders snapped a long streak of losing market share with a Wall Street-beating result that more than offset weakness in the corporate bank.Income from trading fixed-income securities and currencies at Germany’s largest lender rose 47% in the third quarter, compared with an average of 25% for the five biggest U.S. investment banks. Among the large investment banks have reported earnings so far, only Goldman Sachs Group Inc. did better with a 49% increase. Overall, results topped estimates with the bank posting an unexpected profit of …read more
Source:: Yahoo Finance
