Strong bond trading revenues have helped Deutsche Bank post a profit in the second quarter of 2003, as the corporate and investment bank maintained its dominant role as the group's top performer.
While bank-wide revenues rose 8% from the first quarter to €6bn ($6.8bn), revenues from sales and trading rose 30% year-on-year to €2.7bn, and were up 13% from the previous quarter. Debt and debt-related products accounted for €1.8bn of the total and equity trading jumped 61%.