thewealthnet

Revenues up at Deutsche’s international private bank

News Team, 26/10/2022

Deutsche Bank’s International Private Bank (IPB) recorded total revenues of €977 million in Q3 2022.

This is a 22 percent increase year-on-year, or 14 percent if figures are adjusted to account for the Sal Oppenheim workout activities. 

Net new business stood at €10 billion in the quarter, which included net inflows in assets under management (AUM) of €7 billion.

The IPB’s results contributed to Deutsche Bank as a whole recording €1.6 billion in ...


Continue reading this article...


Start a free trial now for access to breaking news and cutting edge analysis of the wealth management industry.







You are currently not logged in,
login to view the full article
start by clicking this button.





Need a subscription,
fill out the form here or
contact subs@thewealthnet.com