Deutsche Bank Ag · XETR:DBK
Deutsche Bank — DB Global Financial Services Conference 2018
16 slides from Deutsche Bank's conference presentation, May 29, 2018
Slide 1: Deutsche Bank – Focus & Growth
Deutsche Bank Deutsche Bank – Focus & Growth Christian Sewing – Chief Executive Officer DB Global Financial Services Conference, New York, 29 May 2018
Slide 2: DB Group: A materially safer and more secure institution
DB Group: A materially safer and more secure institution In EUR bn, unless stated otherwise 2007 1Q 2018 Tier 1 capital 28 56 CET 1 capital ratio 8.6%(1) 13.4% Total assets (IFRS) 2,020 1,478 Most stable funding 30% 73% (% of funded balance sheet) Liquidity reserves 65 279 Level 3 assets 88 22 (1) 2
Slide 3: DB Group: Market risk at historically low levels
DB Group: Market risk at historically low levels In EUR m, unless stated otherwise Average Value-at-Risk (VaR)(1) 122 127 96 86 72 57 54 52 43 32 30 27 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Q1 2018 Q1 2018 VaR versus peers(2) 84 76 49 46 33 28 27 25 18 15 (1) VaR converted to 1 day,
Slide 4: DB Group: Best-in-class credit risk
DB Group: Best-in-class credit risk Loan loss provisions as a % of gross loans, in bps as of 31 March 2018 109 50 36 32 29 17 9 7 7 3 Net credit loss provisions versus peers, in bps DB DB average 2007-17 574 US peers US peer average 2017 Peak Avg. DB 19 13 96 39 4.74x US 68 574 179 peers 96 2007 200
Slide 5: DB Group: Shifting towards a more stable revenue base
DB Group: Shifting towards a more stable revenue base Our strategic priorities 1 Delivering on PCB and DWS to execute on communicated strategies PCB and DWS 2 Re-shaping Corporate & Investment Bank to adapt to changed market conditions and CIB focus on core strengths 3 Reducing cost Cut costs furthe
Slide 6: PCB: Delivering in the Private & Commercial Bank
1 PCB: Delivering in the Private & Commercial Bank Targeted Key initiatives and achievements synergies Objective Private — Further branch rationalization / product offer Clients consolidation Commercial — Increase cross-sell and grow lending volumes in 2022 run-rate Clients core segments EUR 0.9 bn,
Slide 7: DWS: Delivering in DWS
1 DWS: Delivering in DWS Well diversified assets Strong investment performance Medium-term financial targets 2017 AuM: EUR 700 bn % of DWS funds outperforming 2017 Medium-term targets benchmarks(2) Cash 8% 3% to 5% Active multi-asset 8% 2.3% 78% Active SQI (1) 9% 74% 68% Net flows(3) Alternatives 10
Slide 8: CIB: Shifting the Corporate & Investment Bank to its core strengths
2 CIB: Shifting the Corporate & Investment Bank to its core strengths Strategic intent … … in line with core strengths Scaled global #1 global Focus on strength of payments Euro clearer(1) Global Transaction Bank infrastructure Leading FX Focus on strategic advice within capability Top 3 in global F
Slide 9: CIB: Reshaping the Corporate & Investment Bank
2 CIB: Reshaping the Corporate & Investment Bank Strategic intent Optimise — Remain a relevant strategic advisor, but with focus on global industry expertise whose Origination & activities closely align with the strengths of the German and European economy Advisory — Reduce commitment to sectors in
Slide 10: CIB: Sharpening focus in Equities Sales & Trading
2 CIB: Sharpening focus in Equities Sales & Trading Strategic intent — Optimisation of high-touch service model with significant headcount reduction Global Equity — Focus on growth in electronic, with greater focus in EMEA Trading — Reducing cost to serve through platform automation — Consolidate le
Slide 11: CIB: A resilient franchise
2 CIB: A resilient franchise Fee pool DB market share DB rev. expect. Market outlook 2019 vs 2017 DB positioning and intent 2019 vs 2017 2019 vs 2017 — Build on strengths in Cash (global # 1 in Global − Interest rates euro clearing)(1) and #2 in export finance in (US / EU) Transaction − Global trade
Slide 12: DB Group: Reducing costs
3 DB Group: Reducing costs In EUR bn, unless stated otherwise Adjusted costs(1) (0.8) 24.7 (0.9) 23.9 (1.0) 23.0 22.0 2016 2017 2018 target 2019 target (1) Adj. costs are calculated by deducting from noninterest expenses under IFRS (i) impairment of goodwill and other intangible assets, (ii) litigat
Slide 13: DB Group: Making progress on strategic cost initiatives
3 DB Group: Making progress on strategic cost initiatives In EUR bn, unless stated otherwise Manage inflation in People costs DB compensation ― Implement hiring freeze in functions above year-end expense target ― Wave 1 focus on the KYC process Streamline processes Technology ― Simplification of div
Slide 14: DB Group: Reducing headcount
3 DB Group: Reducing headcount In thousand Full-time equivalents 97.1 <90 31 Mar 2018 2018 plan 2019 plan Deutsche Bank DB Global Financial Services Conference, 29 May 2018 13 Investor Relations
Slide 15: DB Group: Shifting towards a more stable revenue profile
4 DB Group: Shifting towards a more stable revenue profile In EUR bn Net revenues Stable businesses as a 41% 56% ~65% % of group revenues: Corporate & 35% Investment Bank 44% (ex. GTB) 59% 15% 13% Global Transaction Banking (GTB) 8% 50% Private & 43% Commercial Bank 33% and DWS 2007 Ø2008-2017 Targe
Slide 16: 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
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