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Jun 26, 2019 · Deutsche Bank has revamped its business model several times after the economic downturn. Despite several attempts, the bank has been largely unsuccessful in reviving its profits.
Deutsche Bank operates on a robust business model that leverages its extensive global network and advanced technological infrastructure. The company’s value proposition lies in its ability to deliver tailored financial solutions by integrating its in-depth market expertise and innovative financial products.
Deutsche Bank’s strategic evolution to 2025. #PositiveImpact. Christian Sewing Chief Executive Officer. 10 March 2022. Differentiated strategy to deliver sustainable growth. Strong and resilient foundation across four leading client-centric business divisions.
Deutsche Bank has transformed its business model since 2019, creating a leaner and more focused set-up with four client-centric businesses. It is resilient and sustainably profitable. This is the basis for entering the next phase of sustainable growth.
- Refocusing Operating Businesses
- Balance Sheet Reduction and Sustained Capital Strength
- Freeing Up Capital For Shareholders
- Costs to Execute The Transformation
- Deeper Cost Reduction and Improved Returns
- Efficient Infrastructure Supporting Innovation and Improving Controls
- For Further Information Please Contact
The transformation includes the creation of a Corporate Bankwhich will be the main hub for corporate and commercial clients of Deutsche Bank and Postbank. The Global Transaction Bank, which provides an essential service to many national and international corporates, will be at the core of the new division. On an average day the equivalent of around...
Low-return assets or assets that no longer fit into the new strategy will be moved into a Capital Release Unit (CRU) for wind-down. Based on December 2018 balance sheet positions, approximately 74 billion euros of risk-weighted assets (RWA) will be transferred to the CRU. The bank targets to reduce the CRU’s market and credit risk-related RWA of ap...
In light of the bank’s current capital position and reflecting its confidence in the high quality and low risk nature of the assets, Deutsche Bank will look to fund its transformation within its existing resources. As a consequence, Deutsche Bank does not plan to pay common equity dividends for the financial years 2019 and 2020. The bank expects to...
To implement the transformation, the bank expects one-off charges including impairments, restructuring costs and severance payments of 7.4 billion euros by 2022. For 2019, the total impact is expected to be approximately 5.1 billion euros, thereof about 3 billion euros in the second quarter. Including the charges related to the restructuring descri...
The restructuring actions will include a workforce reduction of approximately 18,000 full-time equivalent employees to around 74,000 employees by 2022. In aggregate, the bank expects to reduce adjusted costs by approximately 6 billion euros to 17 billion euros in 2022. With this transformation plan, the bank aims to reduce its cost-income ratio to ...
Deutsche Bank is committed to investing a further 4 billion euros in improving controls by 2022. The bank will combine its Risk, Compliance and Anti-Financial Crime functions to strengthen processes and controls while also increasing efficiency. To reshape and improve its long-term competitive position, the bank will undertake a restructuring of it...
Deutsche Bank AG Media Relations Sebastian Krämer-Bach Phone: +49 69 910 43330 e-mail: sebastian.kraemer-bach@db.com Charlie Olivier Phone: +44 207 545 7866 e-mail: charlie.olivier@db.com Investor Relations +49 800 910-8000 (Frankfurt) +44 20 7541-4100 (London) +1 212 250-0604 (New York) db.ir@db.com Further details will be provided at an analyst p...
By deploying capital to our business, we expect to have the capacity to become a 30-billion-euro-revenue bank and lift our return on tangible equity to more than 10% – and thus exceed our cost of capital for the first time in years . When we invest in our business, we want to do this in a targeted manner and with a long-term view .
Dec 2, 2021 · Fabrizio Campelli, member of the management board at Deutsche bank responsible for the investment bank and the corporate bank, in this exclusive interview outlines the new business...
