People

&Markets

15

Jill Schwartz

joins BAML

from Barclays

as executive vice

chairman of corporate

and investment

banking

17

Fabio

Madar joins

Barclays as global

head of G10 FX

trading in another

senior departure

from Deutsche Bank

17

UBS’s David

Chin tells

IFR the bank is

looking to equity

underwriting to

bounce back from a

tough time in Asia

„ FRONT STORY RESULTS

Deutsche looks to recapture trading share

Fixed income, equities underperform US peers in Q

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AFFECTEDûBYûADVERSEû&8ûADJUSTMENTS

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3EWING

ADVISORY REVIVAL
$EUTSCHEûWASûCONlDENTûREVENUESûFROMû
ORIGINATIONûANDûADVISORY ûUPûûTOûõMûINû
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(EûSAIDûTHEûBANKûHADûAûLEADûROLEûONûSEVENû
OFûTHEûûLARGESTû)0/SûTHISûYEARûGLOBALLYûANDû
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Source: Thomson Reuters Christopher Spink

0

2

4

6

8

10

12

14

16

18

Deutsche H1 2018

H1 2017

UBS H1 2018

H1 2017

Goldman H1 2018

H1 2017

JPM H1 2018

H1 2017

 FICC  Equities  Advisory/underwriting

+10%

+24%

+9%

-15%

DEUTSCHE: LOSING GROUND
H1 REVENUES VS H1 2017, IN US$bn