Deutsche Bank Traders Keep Overhaul Alive After Volatile Year

  • Trading gains kept CEO Sewing’s strategy on track in 2020
  • But can he grow the corporate bank at the center of his plan?
Watch: Deutsche Bank CFO James von Moltke talks about the bank’s first annual profit in six years, as fixed-income trading revenue rises 17%.(Source: Bloomberg)
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Halfway through Deutsche Bank AG’s historic restructuring, Christian Sewing has to thank the investment bank that he had pledged to cut for keeping his plan on track.

But with trading set to moderate after last year’s volatility, the real test for the chief executive officer is yet to come: Can he grow the private and corporate banking units at the center of his strategy?