financetom
Business
financetom
/
Business
/
Deutsche Bank Expects Slightly Lower Q2 Fixed-Income Revenue
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Deutsche Bank Expects Slightly Lower Q2 Fixed-Income Revenue
May 31, 2024 7:36 AM

10:02 AM EDT, 05/31/2024 (MT Newswires) -- Deutsche Bank ( DB ) sees "slightly lower" revenue in its fixed-income business in Q2, the bank's chief financial officer, James von Moltke, said late Thursday, according to a Capital IQ transcript.

"Looking at fixed income and currencies, we would expect that to come in slightly lower in the second quarter versus the prior year's quarter," von Moltke said at a conference in New York.

The executive said the bank reconfirmed its overall revenue outlook of 30 billion euros ($32.62 billion) this year and 32 billion euros next year.

Price: 16.45, Change: -0.29, Percent Change: -1.73

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
LG Energy Solution flags slowing EV demand, posts first quarterly loss in 3 years
LG Energy Solution flags slowing EV demand, posts first quarterly loss in 3 years
Jan 23, 2025
SEOUL (Reuters) - South Korean battery firm LG Energy Solution (LGES) said it expected electric vehicle demand growth to slow in the near-term, as it posted on Friday a quarterly loss for the first time in three years.  LG Energy Solution said it plans to cut capital expenditure by up to 30% this year, also warning of slowing growth because...
Kazakhstan's Tengizchevroil starts oil production at Tengiz Future Growth Project
Kazakhstan's Tengizchevroil starts oil production at Tengiz Future Growth Project
Jan 23, 2025
MOSCOW, Jan 24 (Reuters) - Kazakhstan's biggest oil producer Chevron ( CVX )-led Tengizchevroil (TCO) said on Friday it had initiated oil production at its new third-generation plant (3GP) at the Tengiz oilfield. This milestone marks the beginning of a gradual ramp-up of 3GP production over the coming months, which is expected to expand Tengiz's crude oil output by an...
Italian lender Monte dei Paschi launches bid to acquire Mediobanca
Italian lender Monte dei Paschi launches bid to acquire Mediobanca
Jan 23, 2025
Jan 24 (Reuters) - Italian lender Monte dei Paschi (MPS) on Friday launched a bid to acquire all the shares of investment bank Mediobanca for 15.92 euros ($16.64) per share. ($1 = 0.9569 euros) (Reporting by Gursimran Kaur in Bengaluru) ...
Kia posts operating profit of 12.7 trln won in 2024
Kia posts operating profit of 12.7 trln won in 2024
Jan 23, 2025
SEOUL (Reuters) - South Korean automaker Kia Corp on Friday posted an operating profit of 12.67 trillion won ($8.85 billion) for 2024, with its fourth quarter performance up 10.2% from the previous year. Its revenue target for 2025 was 112.5 trillion won, while its operating profit target was 12.4 trillion won, the company said in a filing. ($1 = 1,431.2900...
Copyright 2023-2026 - www.financetom.com All Rights Reserved