Business Standard

Deutsche Bank revenue fall puts pressure on Cryan

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Deutsche Bank more than doubled its profit in the first quarter, but its shares fell on Thursday after the German lender' s earnings showed declining revenues and its securities trading business lagging US rivals. Shares in Germany' s biggest bank were 3 percent lower in early trade compared with a flat German blue-chip index, with analysts pointing to the 9 percent revenue fall, putting pressure on chief executive John Cry an to deliver on his pledge last month to focus on growth.

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