Deutsche Bank AG (USA) (NYSE:DB) (FRA:DBK) (ETR:DBK)’s 1Q14 results witnessed strong FICC revenues relative to peers, though the market is overly negative on the prospects of FICC, notes Jefferies analyst. Analyzing Deutsche’s recent results, Omar Fall of Jefferies in the research report dated April 29, 2014 points out that the bank’s performance in other divisions was mixed. FICC could be entering sweet spot In the February research report, Jefferies analysts pointed out FICC business could be entering a cyclical sweet spot over the next two years aided by rates and credit business. The analysts pointed out that rates revenues are…
Deutsche Bank Trading Lags But FICC Could Be Entering Sweet Spot
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports