German investment bank Deutsche Bank has seen its issuance and sales of structured products more than halving year on year. However, it plans to increase the volume of its ESG financing along with a portfolio of sustainable investments under management to at least €200 billion in total by 2025.
The strategy is part of the firm’s ongoing efforts to establish itself as a leader in sustainable finance as well as the economy and clients’ shift towards climate targets. The German bank reported a one percent increase in group revenues to €6.3 billion with core bank net income up by six percent to €6.4 billion and investment banking net revenues soaring by 46% in its Q2 20 earnings report. However, negative market values from derivative financial instruments stand at &
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