Deutsche Bank has lost more investment banking revenue to Wall Street rivals in its home market in 2019, underlining the scale of the challenge facing the German bank even as it refocuses on core business lines and regions.
Deutsche ranked fourth for investment banking revenues generated in Germany as of November 26, with $142m, according to Dealogic, the data provider. This puts it behind JPMorgan, Bank of America and Goldman Sachs with little more than a month of the year to go.