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Investment Banking

Deutsche Bank fixed income trading surge fails to stem quarterly loss

Profits in Deutsche Bank's investment bank during the second quarter exceeded annual numbers for the past three years as the German lender saw big upticks in its fixed income trading unit, even if they failed to match Wall Street rivals.

The investment bank made €956m during the second quarter, more than it posted in the full year for 2017, 2018 and 2019, helping the bank to a smaller than expected loss during the period.

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