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Deutsche Bank IPB 2Q21 revenues up 9% on the back of recovering markets

Deutsche Bank International Private Bank generated revenues of €820 million (US$974 million) in 2Q21, up 9% YoY, driven by sustained new business growth in investment products and loans in improved market conditions. James von Moltke, CFO at Deutsche Bank explained that the increase came against headwinds from continued deposit margin compression and negative foreign exchange (FX) translation effects. Deutsche Bank…

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