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 ...