Deutsche Bank's investment banking unit will post revenues around 10% down on last year in the third quarter of 2021, its chief financial officer James von Moltke said.

Von Moltke told a Bank of America virtual conference on 23 September that revenues in the investment banking unit were unlikely to match a stellar third quarter of 2020. However, the 10% decline is ahead of analyst expectations, which have predicted an 18% decline over the period.