Deutsche Bank Ag · XETR:DBK
Deutsche Bank — Deutsche Bank Aktiengesellschaft — FY2015 Earnings Presentation
16 slides from Deutsche Bank's earnings presentation, Jan 28, 2016
Slide 1: Deutsche Bank Annual Press Conference
Deutsche Bank Annual Press Conference Frankfurt am Main, 28 January 2016 John Cryan – Co-Chief Executive Officer Jürgen Fitschen – Co-Chief Executive Officer Marcus Schenck – Chief Financial Officer Kim Hammonds – COO and CIO Exhibit 99.3
Slide 2: Full year 2015 results: net income development 2015 vs. 2014
(10.0) in EUR bn Full year net income development, 2015 vs. 2014 Note: Figures may not add up due to rounding differences (1)Excludes litigation, severance & restructuring and policyholder benefits & claims (2)Goodwill, other intangible and HXB Net income 2014 Net revenue development LLP development
Slide 3: Capital and balance sheet
Capital and balance sheet Note: Figures may not add up due to rounding differences RWA development in EUR bn Leverage exposure in EUR bn 1,395 Reduction Reduction CRD4 Leverage ratio, fully loaded CET 1 ratio, fully loaded 3.5% 3.5% 11.7% 11.1%
Slide 4: Core Business Performance, 2015 vs. 2014 (1/2)
Core Business Performance, 2015 vs. 2014 (1/2) CB&S in EUR bn PBC in EUR bn Revenues Debt S&T up 10% Equities S&T up 6% Corporate Finance down 6% IBIT Impact of specific items – EUR (5.3 bn) Litigation EUR (2.8 bn), Impairments EUR (2.2 bn) Restructuring & severance EUR (0.2 bn) Revenues Broadly fla
Slide 5: Core Business Performance, 2015 vs. 2014 (2/2)
Core Business Performance, 2015 vs. 2014 (2/2) GTB in EUR bn Deutsche AWM in EUR bn Revenues Trade Finance / Cash Management Corporates up 8% Institutional Cash & Securities Services up 18% Strength in Americas, EMEA IBIT Record IBIT reflects good business development in difficult environment Post t
Slide 6: Strategy 2020: what have we done so far?
Strategy 2020: what have we done so far? 21/12 Made progress on Postbank (squeeze-out, separate structure) 18/11 Announced integration of Berliner Bank 29/10 Launched restructuring programme 18/10 Reorganised businesses along client lines 29/10 Empowered infrastructure functions and regions/ “dual h
Slide 7: Strategy 2020: priorities in 2016
Strategy 2020: priorities in 2016 ... simpler & more efficient ...less risky ... better capitalised ...disciplined execution Continue restructuring Continue to reshape GM/CIB franchise Progress Postbank separation Restructure German network Sustain progress on disposals Pursue technology roadmap Lau
Slide 8: Litigation: current status
Updates / settlements EC CDS Antitrust OFAC (Reg.) Others Addressing future litigation risk Reducing exposure to countries and clients with a higher risk profile Strengthening client on-boarding/KYC procedures Litigation: current status (1)Excluding impairment of goodwill and other intangibles of EU
Slide 9: Key performance indicators: reduce complexity of IT infrastructure
Key performance indicators 2015 2020 Plan Change Operating systems 45 4 End-of-life hardware / software 166 0 % virtualisation 46% 95% Private cloud adoption 20% 80% Intersystem reconciliations ~1,000 ~300 ~90% 100% 49ppts 60ppts 70% “Run the bank” costs targeted to decline by EUR ~800 m Reduce comp
Slide 10: IT transformation
IT transformation Moving from a focus on cost and efficiency to business value Technology Model Business Transformation Enable growth through digital innovation Operational Efficiency Automate processes Standardisation Reduce complexity and risk Foundation Build a commoditised foundation
Slide 11: IT roadmap
IT roadmap Core transformation underpinned by investments as part of Strategy 2020 95% virtualisation 80% private cloud Cost-effective volume growth Upgrade end-of-life hardware / software 15% intersystem reconciliations Simplify applications and processes Rationalise vendors Flexible infrastructure
Slide 12: Successful business footprint across Asia Pacific
Successful business footprint across Asia Pacific 2015 revenues of over EUR 4bn (+14%) All businesses up by double digit percentages Profitability also benefited from cost reduction and operational efficiencies Sydney Melbourne Jakarta Surabaya Manila Taipeh Shanghai Seoul Beijing Guangzhou Hong Kon
Slide 13: Regional structure for Germany: substantial progress
Governance in place Appointed regional heads Appointed regional management teams “One bank for Germany” Single team per region Deutsche Bank delivered seamlessly through one point Clear positioning for commercial clients “Die Bank für Unternehmer” Focus Banking for the Mittelstand Private banking Cl
Slide 14: Network optimisation PWCC
Network optimisation PWCC: restructuring increases connectivity with customers Digitally enabled advisory bank Future Today Optimised presence but remaining close to the clients Broad but dispersed branch presence Sales & Service Centres Premium advice by telephone and chat (24/7) Mobile and third p
Slide 15: Outlook 2016
Outlook 2016 Expect sufficient ADI capacity to service AT1 coupons Litigation will remain a burden, but expected to be below 2015 levels Restructuring and Severance charges of EUR ~1.0 billion in 2016 Cost pressure to be offset by savings, Adjusted Cost Base expected to be flat in 2016 2016 peak res
Slide 16: Cautionary statements
Cautionary statements These figures are preliminary and unaudited. The Annual Report 2015 and Form 20-F are scheduled to be published on March 11, 2016. This presentation contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statem
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