Company Announcements

DB Gold Short ETN Optimistic on Q3 2024 Growth

DB Gold Short Exchange Traded Notes (DGZ) has released an update.

DB Gold Short Exchange Traded Notes reports a positive outlook for Q3 2024, with expected revenue increases in various sectors including Investment Banking, driven by a strong performance in Emerging Markets and Credit Trading. The company is on track to meet the ambitious €30bn revenue target for FY 2024, attributing confidence to commission and fee income growth, along with a stable net interest income. Additionally, Deutsche Bank anticipates a reduction in credit loss provisions in the second half of the year and is progressing towards its capital efficiency goals.

For further insights into DGZ stock, check out TipRanks’ Stock Analysis page.

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