| 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 | |
