Deutsche Bank CFO Says Trading Momentum Continued 'Strongly' Into 2023

The video discusses the fourth quarter performance, highlighting a slight revenue shortfall in the investment bank sector despite a record performance in FIC. The speaker expresses confidence in achieving the 2023 revenue guidance of 28 to 29 billion, supported by interest rate impacts. The discussion shifts to market volatility, noting the significant changes in 2022 and expectations for moderation in 2023, with potential discontinuities in the yen complex. The video concludes with an analysis of central bank strategies, emphasizing the importance of maintaining the terminal rate to control inflation, drawing parallels to the 1970s economic scenario.

What was the main reason for the slight shortfall in revenues in the fourth quarter?

• A decrease in investment bank revenues

• A decline in consumer spending

• An increase in operational costs

• A drop in commodity prices

What is the expected top-line revenue guidance for 2023?

• 28 to 29 billion

• 26 to 27 billion

• 25 to 26 billion

• 29 to 30 billion

Which factor is highlighted as a potential source of volatility in 2023?

• The euro

• The Chinese yuan

• The yen and Bank of Japan's leadership transition

• The US dollar

What is the central banks' main concern regarding interest rates?

• The impact on stock markets

• The effect on housing prices

• The terminal rate and its duration

• The pace of rate increases

Why might rate markets be underestimating the time needed to reduce inflation?

• Because of a misunderstanding of economic indicators

• Because central banks need to stay the course longer

• Due to political pressures

• Due to a lack of historical data