Deutsche Bank Shares Down 3.5% Premarket; CFO On Thursday Estimated 15%-20% Decline in 2Q Fixed-Income Trading Revenue
Portfolio Pulse from Charles Gross
Deutsche Bank's shares are down 3.5% in premarket trading after its CFO estimated a 15%-20% decline in 2Q fixed-income trading revenue on Thursday.

June 16, 2023 | 10:32 am
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Deutsche Bank's stock price is down 3.5% in premarket trading due to the CFO's estimation of a 15%-20% decline in 2Q fixed-income trading revenue.
Deutsche Bank's CFO estimated a significant decline in 2Q fixed-income trading revenue, which is a key source of income for the bank. This negative outlook has led to a drop in the stock price in premarket trading, indicating a short-term negative impact on the stock.
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IMPORTANCE 80
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