Deutsche Bank’s US Distressed Desk Records $200 Million Profit
Market Intelligence Analysis
AI-PoweredDeutsche Bank's US distressed trading desk recorded a $200 million profit in the three months ending September 30, contributing to the bank's record third-quarter gains.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
Deutsche Bank AG’s US distressed trading desk netted about $200 million in profit during the three months ending Sep. 30, according to a person with knowledge of the matter, part of a trading boom that helped drive record third-quarter gains for the German bank.
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