Deutsche Bank Ag · XETR:DBK
Deutsche Bank — Investor Day (December 2009)
9 slides from Deutsche Bank's investor day presentation, Dec 15, 2009
Slide 1: Concluding remarks
Concluding remarks Dr. Josef Ackermann Chairman of the Management Board Investor Day Frankfurt, 15 December 2009
Slide 2: Our strategy for a new era
Our strategy for a new era Management Agenda Phase 4 2009 - 2011 Increase CIB profitability with Focus on core PCAM renewed risk and balance sheet businesses discipline and home market leadership Focus on Asia as a key driver Reinvigorate our of revenue growth performance culture Investor Relations
Slide 3: New set of performance metrics better reflecting key shareholder value drivers
New set of performance metrics better reflecting key shareholder value drivers “Managing the “Managing the “Managing the performance gap” constraints” strategic gap” Profitability Growth Constraints Business mix 1 Return on Equity 6 Revenue growth 9 Tier – 1 ratio Share of classic 2 IBIT 6 IBIT grow
Slide 4: Focus on cost and infrastructure efficiency
Focus on cost and infrastructure efficiency DB Group headcount Efficiency aspiration FTEs 80,456 77,442 78,291 78,530 68,849 Renewed emphasis on cost 67,682 65,417 63,427 discipline and efficiency Continued focus on employee productivity in front-office Substantial efficiency aspiration in inf
Slide 5: Continued focus on efficient use of capital resources
Continued focus on efficient use of capital resources – Capital demand + Capital supply Regulatory impact on RWAs Retained earnings Asset reduction initiative Organic growth Continue to reduce legacy and Level 3 assets Dividend Other de-risking efforts / RWA optimization Rating g mig
Slide 6: Phase 4: Financial potential
Phase 4: Financial potential Phase 4 potential 2011 Revenue g growth p.a. p ~ 8% Performance Income before income taxes, in EUR bn(1) ~ 10.0 Return on Equity(2) 25% over the cycle Cost / income ratio ~ 65% straints Tier 1 ratio ≥10% Cons Leverage(3) ≤25x (1) Before Corporate Investments and Consolid
Slide 7: Phase 4: IBIT potential of business divisions
Phase 4: IBIT potential of business divisions In EUR bn Phase 4 potential 2011 Corporate Banking & Securities 6.3 Global Transaction Banking 1.3 Asset and Wealth Management 1.0 Private & Business Clients 1.5 Total business divisions 10 0 10.0 Bottom up p approach pp Note: Figures do not add up due t
Slide 8: In summary
In summary A relative winner – opportunity for us to take advantage Management Agenda – clear priorities and focus on performance Ambitious aspirations – we will deliver value for stakeholders Well placed to address the challenges of the new era Investor Relations 12/09 · 8
Slide 9: Cautionary statements
Cautionary statements This presentation contains forward-looking statements. Forward-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 based on plans, estimates and pro