Germany's largest lender, Deutsche Bank, is expecting a "solid" first quarter amid robust revenues and progress in its cost-cutting drive, one of its co-chief executives Anshu Jain said Thursday.
In a speech given in London and broadcast on Deutsche Bank's website, Jain said the group "expects our first quarter to be solid across all businesses, driven by robust revenues similar to last year's performance."
Deutsche Bank's revenues in the first three months of 2012 amounted to 9.19 billion euros ($11.9 billion).