What strategic decisions were made in July that impacted the revenues?
Deutsche Bank CFO James Von Moltke on Third-Quarter Results, Strategy
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The video discusses a 15% year-over-year revenue drop, attributing it to strategic decisions, transitory items, and interest rates. The core business shows stability despite restructuring. Future revenue expectations focus on maintaining stability and growth in private banking, corporate banking, and asset management. The rates franchise was repositioned, impacting FICC revenues, but the strategy aims to rebuild and strengthen the business.
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What is the speaker's outlook for the Investment bank's revenue stability?
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