Deutsche Bank has reported a dip in revenues in its private banking division for the first quarter of 2024.

Revenues stood at €2.38 billion in the division, down two percent year-on-year from €2.44, as slightly lower net interest income was partly offset by growth in investment products, the firm said.

Assets under management grew by €27 billion during the quarter to €606 billion from €579 billion, a 4.7 percent increase, its highest level since th...