Deutsche Bank to Take $1.8 Billion Hit on U.S. Tax

The transcript discusses the market's reaction to bank guidance, highlighting a decrease in client activity and revenue growth challenges faced by banks. It also covers investor expectations, particularly regarding Deutsche Bank's market share recovery. The outlook for the US earnings season is considered, focusing on the implications of tax reform and how banks might deploy capital.

How has the guidance from the bank regarding fourth quarter trading numbers impacted market focus?

What factors are contributing to the decline in client activity mentioned in the text?

What concerns do key investors have regarding the performance of the bank?

What challenges is Deutsche Bank facing in regaining market share?

What implications does the tax reform have for banks according to the text?