Deutsche Bank
Strategy 2015+: Our journey
Anshu Jain
Co-Chief Executive Officer, Deutsche Bank
BoAML Banking & Insurance CEO Conference
London, 25 September 2013
Deutsche Bank
Anshu Jain, BoAML Banking & Insurance CEO Conference
25 September 2013
financial transparency.
We are 16 months into our three year journey
Progress on controllables
Cap a
Capital
Reached 10% Basel 3 common equ y tier 1 ratio
eac ed 0% ase co
o equity e
a o
Cost
Adjusted cost base reduced by EUR 600 m yoy(1)
Competencies Strengthened 1H2013 results across divisions
p
g
Clients
Progressed in delivering ‘One Bank’ to our clients
Culture
Launched new values and beliefs
Changes in uncontrollables
Macro/
Markets
Regulation
Litigation
Macro/market environment has mostly improved
Regulation has further intensified
Industry-wide issues with larger impact
(1) 1H2013 vs. 1H2012
Deutsche Bank
Anshu Jain, BoAML Banking & Insurance CEO Conference
25 September 2013
financial transparency.
1
Agenda
1
The environment
2
Our journey
3
The dividend
Deutsche Bank
Anshu Jain, BoAML Banking & Insurance CEO Conference
25 September 2013
financial transparency.
2
Macro/markets: In the past year, the macroeconomic and
market environment has mostly improved
Key developments since June 2012
Recovery momentum today vs. June 2012
Jun-12
Germany
Europe
US
Japan
China
Chi
Containment of Euro crisis
Sep-13
p
Other EM
Fed tapering
US recovery
EM volatility
Negative Neutral Positive
Source: DB Research
Deutsche Bank
Anshu Jain, BoAML Banking & Insurance CEO Conference
25 September 2013
financial transparency.
3
Intensified regulatory environment in the last year
Bank leverage ratio
B kl
ti
Bank t t
B k structure reform
f
Leverage as key
regulatory metric
agreed,...