Deutsche Bank Loses Ground in Trading as JPMorgan Thrives

Deutsche Bank’s negotiations with U.S. prosecutors last year over alleged mortgage misdeeds rattled investors, leading many of the German lender’s trading partners to defect — apparently to American rivals. Deutsche Bank , the German lender hit last year by a $7.2 billion settlement with U.S. authorities over alleged mortgage misdeeds, is losing ground to American rivals in the highly profitable arena of bond and currency trading, a new report shows.