Deutsche Bank's investment bank is on course to surge by 20% during the first three months of the year in what is set to be one of the best quarters ever for the sector.

"We're seeing revenues being up in the investment bank by about 20%, and this is across the franchise," Fabrizio Campelli, chief transformation officer, told a conference on 18 March. "In origination and advisory as well as in fixed income, particularly credit trading."