Deutsche Bank Ag · XETR:DBK
Deutsche Bank — Investor Presentation (June 2011)
10 slides from Deutsche Bank's investor presentation, Jun 1, 2011
Slide 1: Capital Management
Deutsche Bank CIB W Workshop k h Capital Management Bill Broeksmit Head of CIB Risk and Capital Optimisation Deutsche Bank CIB Workshop, 1 June 2011 Investor Relations Bill Broeksmit London, 1 June 2011 financial transparency.
Slide 2: A word on methodology
A word on methodology CIB Total Capital Demand (TCD) Explanation Under Basel 2 in EUR bn — Total Capital Demand (TCD) = RWA + 12.5 x Tier 1 As of 31 March 2011 impact of Capital Deduction Items (CDI)(1) 254 — Converting C i CDI to TCD / RWA RWA-equivalents i l allows ll 26 for changes in treatment a
Slide 3: Breakdown of balance sheet and TCD by asset type and activity
Breakdown of balance sheet and TCD by asset type and activity i i Estimates CB&S, under Basel 2, as of 31 March 2011 TCD / asset EUR EUR EUR ~30% 756 bn(1) 228 bn(2) 228 bn Banking g book / lending 14% ~100% Buy and hold portfolio Derivatives 9% includes TCD from Banking book / counterparty risk (3)
Slide 4: Basel 2.5 / Basel 3 simulation: As per previous guidance
Basel 2.5 / Basel 3 simulation: As per previous guidance(1) Impact simulation Targeted management action In EUR bn RWA TCD — Further reduction of legacy positions (securitisations, correlation trading) Basel 2.5(2) 85 85 — Reduce trading book exposures to certain (trading book rules) Emerging Market
Slide 5: Detailed mitigation plan in place
Detailed mitigation plan in place TCD Main mitigation actions mitigation Main businesses Unwinds/ Area in EURbn Timing impacted Sales Roll-off Hedging Optimisation — Emerging Stressed VaR / IRC ~15 2H2011 Markets trading — Correlation Correlation ~15 Ongoing trading — US RMBS Securitisat
Slide 6: Example progress: Exit of high-risk Credit Correlation portfolio ahead of plan
Example progress: Exit of high-risk Credit Correlation portfolio f li ahead h d off plan l Risk reduction by category Roll-off profile from current Notional unwinds and maturities Notional, absent management action 100% -44% 75% 72% 69% 100% -17% 29% 16% 14% 39% 0% 31 Dec 2009 Unwinds Maturities Rem
Slide 7: Basel 3 leads to higher TCD / asset ratios
Basel 3 leads to higher TCD / asset ratios CB&S Estimates TCD simulation from Basel 2 to Basel 3 Estimated TCD / asset ratios EUR EUR — Assuming similar balance sheet levels, 228 bn(1) ~346 bn(2) TCD / asset ratios would increase B Basel l 2 Basel B l3 Banking book / 36% lending 45% Banking book / l
Slide 8: Post 1 Jan 2013, significant additional TCD relief expected
Post 1 Jan 2013, significant additional TCD relief expected Indicative Breakdown and roll-off of ~EUR 70 bn TCD of CB&S capital intensive assets TCD at Jan 1 2013 2014 2015 2016 2017 2018 >2018 Highest flexibility / 2013 shortest time frame in EUR bn Liquid trading Alt-A and subprime 25 inventory, t
Slide 9: Summary
Summary Confirmation of previous guidance on net impact of Basel 2.5 / Basel 3 Confident of achieving EUR 90 bn mitigation target by 1 Jan 2013 Further TCD relief expected post 1 Jan 2013 Deutsche Bank CIB Workshop, 1 June 2011 financial transparency. 9 Investor Relations Bill Broeksmit
Slide 10: Cautionary statements
Cautionary statements This presentation contains forward forward-looking looking statements. Forward Forward-looking looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are b