Deutsche Bank today said pre-tax profits in its corporate and investment bank soared 136% to €1.3bn ($1.8bn) in the three months to September 30, driven by a record quarter in sales and trading, where business remained strong throughout the summer.

Net revenues in the corporate and investment banking division rose 41% to €4.1bn, boosted by a doubling of equity sales and trading revenues to €1bn, and a 29% rise in debt sales and trading, which recorded revenues of €1.9bn.