Overview of Revenue Expectations#
Christian Sewing, the CEO of Deutsche Bank AG, has indicated that the bank anticipates a decline in trading revenue for the first quarter. This decrease is attributed to unfavorable currency fluctuations affecting the German lender's performance.
Stability in Overall Revenue#
Despite the expected drop in trading revenue, Sewing mentioned that the overall revenue for the investment bank is likely to remain flat compared to the same period last year. This stability is expected to come from increased income in origination and advisory services, which are compensating for the decline in fixed income trading.
Growth in Trading Business#
Sewing also noted that when excluding the effects of foreign exchange, the bank is actually experiencing growth in its trading operations. He highlighted that Deutsche Bank had reported strong earnings for the first quarter of 2025, although he cautioned that these figures could change as the quarter is still ongoing.
Positive Start to the Quarter#
Earlier in January, Deutsche Bank had reported a strong start to the quarter. Finance chief James von Moltke pointed out that areas such as macro products, currencies, and emerging markets were performing well, contributing positively to the bank's outlook.