Deutsche’s FX volumes continue to grow, despite tough Q2

Kevin Rodgers

Deutsche Bank's fortunes took a sharp nosedive during the second quarter, with net profit falling to €661 million – down from €1.4 billion in the first quarter of 2012 and €1.2 billion in the second quarter of 2011 – but its foreign exchange volume continued to grow, according to Zar Amrolia, the bank's global head of FX in London.

Deutsche announced its second-quarter results earlier this week, attributing the poor performance to a volatile environment and the European sovereign debt crisis

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