DEUTSCHE BANK AG - Deutsche Bank announces next phase of strategy (5/2015)
DEUTSCHE BANK AG - Deutsche Bank announces next phase of strategy (5/2015)
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| | POLISH FINANCIAL SUPERVISION AUTHORITY | | | | | | | | | | |
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| | | | | UNI - EN REPORT No | 5 | / | 2015 | | | | |
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| | Date of issue: | 2015-04-27 | | | | | | | | | |
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| | Short name of the issuer | | | | | | | | | | |
| | DEUTSCHE BANK AG | | | | | | | | | | |
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| | Subject | | | | | | | | | | |
| | Deutsche Bank announces next phase of strategy | | | | | | | | | | |
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| | Official market - legal basis | | | | | | | | | | |
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| | 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 późn. zm. | | | | | | | | | | |
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| | 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 | | | | | | | | | | |
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| | Annexes | | | | | | | | | | |
| | File | Description | | | | | | | | | |
| | Deutsche Bank announces next phase of strategy_27.04.2015.pdf | Deutsche Bank announces next phase of strategy | | | | | | | | | |
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REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY
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| | | 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) | | | | | | | | |
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| | | (e-mail) | | | (web site) | | | | | | | | |
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| | | (NIP)
| | | (REGON) | | | | | | | | |
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REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY
| 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 |
REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY