{"id":53657,"date":"2016-07-28T07:28:28","date_gmt":"2016-07-28T11:28:28","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=53657"},"modified":"2016-07-28T07:28:28","modified_gmt":"2016-07-28T11:28:28","slug":"deutsche-bank-slump-hits-hedge-fund-unit-its-trying-to-grow-2","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2016\/deutsche-bank-slump-hits-hedge-fund-unit-its-trying-to-grow-2.html","title":{"rendered":"Deutsche Bank Slump Hits Hedge Fund Unit It\u2019s Trying to Grow"},"content":{"rendered":"<p>(Bloomberg) Deutsche Bank AG said second-quarter revenue dropped at its prime finance unit, extending a slump beyond businesses that Germany\u2019s largest lender is seeking to exit as client concerns added to volatile markets.<br \/>\nThe prime finance division, which caters to hedge funds, booked a drop in revenue in the second quarter, driven by lower \u201ccustomer balances, lower client activity levels and market uncertainty,\u201d the bank said in its earnings presentation Wednesday.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-07-27\/deutsche-bank-slump-hits-hedge-fund-unit-it-s-trying-to-grow\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Deutsche Bank AG said second-quarter revenue dropped at its prime finance unit, extending a slump beyond businesses that Germany\u2019s largest lender is seeking to exit as client concerns added to volatile markets. The prime finance division, which caters to [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-53657","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=53657"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53657\/revisions"}],"predecessor-version":[{"id":53658,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53657\/revisions\/53658"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=53657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=53657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=53657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}