| POLISH FINANCIAL SUPERVISION AUTHORITY | |||||||||||
| UNI - EN REPORT No | 5 | / | 2015 | ||||||||
| Date of issue: | 2015-04-27 | ||||||||||
| Short name of the issuer | |||||||||||
| DEUTSCHE BANK AG | |||||||||||
| Subject | |||||||||||
| Deutsche Bank announces next phase of strategy | |||||||||||
| Official market - legal basis | |||||||||||
| Unofficial market - legal basis | |||||||||||
| Rozporządzenie Ministra Finansów z dnia 19 lutego 2009r. w sprawie informacji bieżących i okresowych przekazywanych przez emitentów | |||||||||||
| papierów wartościowych oraz warunków uznawania za równoważne informacji wymaganych przepisami prawa państwa niebędącego | |||||||||||
| państwem członkowskim (Dz.U.2009.33.259 w związku z art. 56 Ustawy z dnia 29 lipca 2005r. o ofercie publicznej i warunkach | |||||||||||
| wprowadzania instrumentów finansowych do zorganizowanego systemu obrotu oraz o spółkach publicznych (dz.U. 05.184.1539) z pó¼n. zm. | |||||||||||
| Contents of the report: | |||||||||||
| Reaffirming commitment to being a leading global bank based in Germany Key decisions - Deleveraging CB&S to build a more focused investment bank, with planned gross leverage reduction of approximately EUR 200 billion and redeployment of EUR 50-70 billion in relationship-driven businesses - Focusing retail business on a market-leading advisory-led proposition to clients and deconsolidating Postbank - Investing up to EUR 1 billion additionally to deploy digital technologies across the platform - Investing over EUR 1.5 billion to accelerate growth in GTB and Deutsche AWM - Focusing geographical footprint on key markets and cities - Transforming the Bank’s operating model by reducing complexity, increasing controls and boosting efficiency with the aim of delivering additional annual gross savings of EUR 3.5 billion for a planned one-time cost to achieve of EUR 3.7 billion Medium-term financial ambitions - Increasing leverage ratio to at least 5% - Stabilizing the CRD 4 fully loaded Basel 3 Common Equity Tier 1 ratio at approximately 11% - Cost/income ratio of approximately 65% - Post-tax return on tangible equity in excess of 10% - Aspiration: Payout ratio to shareholders of 50% or more | |||||||||||
| Annexes | |||||||||||
| File | Description | ||||||||||
| Deutsche Bank announces next phase of strategy_27.04.2015.pdf | Deutsche Bank announces next phase of strategy | ||||||||||
| DEUTSCHE BANK AG, London | |||||||||||||
| (fullname of the issuer) | |||||||||||||
| DEUTSCHE BANK AG | Banki (ban) | ||||||||||||
| (short name of the issuer) | (sector according to clasification of the WSE in Warsow) | ||||||||||||
| Londyn | |||||||||||||
| (post code) | (city) | ||||||||||||
| Winchester House, 1 Great Winchester Street | |||||||||||||
| (street) | (number) | ||||||||||||
| +44 (0) 207545 8000 | |||||||||||||
| (phone number) | (fax) | ||||||||||||
| (e-mail) | (web site) | ||||||||||||
| (NIP) | (REGON) | ||||||||||||
| SIGNATURE OF PERSONS REPRESENTING THE COMPANY | |||||
| Date | Name | Position / Function | Signature | ||
| 2015-04-27 | Aaron Myles | Authorised Signatory | Aaron Myles | ||
| 2015-04-27 | Fatema Caderbhoy | Authorised Signatory | Fatema Caderbhoy | ||
