Deutsche Bank Ag · XETR:DBK
Deutsche Bank — DB Global Financial Services Conference 2021
14 slides from Deutsche Bank's conference presentation, Jun 1, 2021
Slide 1: Executing on our strategic transformation
Executing on our strategic transformation Christian Sewing – Chief Executive Officer DB Global Financial Services Conference, 1 June 2021 Deutsche Bank
Slide 2: Summary
Summary Continued progress on strategic priorities Strong profitability driven by ongoing revenue improvement at Group and Core Bank Disciplined cost control Robust balance sheet combined with prudent risk management Focus on investments in technology and controls Brought forward € 200bn sustainable
Slide 3: We have made material progress
We have made material progress Phase 1 Phase 2 Phase 3 Stabilisation Transformation Sustainable profitability Stability and Grow revenues while Ability to fund Ability to deliver on cost competitiveness of Core cutting costs and exiting transformation with reductions Bank businesses existing c
Slide 4: Strategic transformation drives higher profitability
Strategic transformation drives higher profitability Last 12 months (LTM) adjusted profit (loss) before tax(1), in € bn, unless stated otherwise 75% 5.3 Core Bank 4.2 3.7 2.7 3.0 3.1 2.4 Capital (2.0) (1.7) Release (2.1) (2.4) (2.4) (2.6) (2.7) Unit Q3 Q4 Q1 Q2 Q3 Q4 Q1 2019 2020 2021 (1) 2019 figur
Slide 5: Cost discipline continues for the 13th consecutive quarter
Cost discipline continues for the 13th consecutive quarter Adjusted cost excluding transformation charges(1), in € bn Bank levies Prime Finance 0.7 0.6 0.5 0.6 0.1 5.7 5.6 5.5 5.4 5.3 5.3 5.2 5.0 4.9 4.7 4.7 4.6 4.6 0.1 0.1 0.1 0.1 0.1 0.1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2018 2019 2020 2021 (
Slide 6: Maintained strong balance sheet
Maintained strong balance sheet Q4 2020 Q1 2021 Common Equity Tier 1 330bps above regulatory 13.6% 13.7% capital ratio requirements(1) Stable and high quality funding Liquidity reserves € 243bn € 243bn base € 70bn above regulatory Liquidity coverage ratio 145% 146% requirements Provision for credit
Slide 7: Disciplined risk management
Disciplined risk management In € bn, unless stated otherwise Credit risk Market risk 32 13 13 17 41 6 4.3 4.0 1.8 3.8 3.6 1.4 2.2 1.9 0.5 0.5 0.7 0.1 2016 2017 2018 2019 2020 Q1 2021 2016 2017 2018 2019 2020 Q1 2021 Provisions for credit losses xx In bps of average loans(1) Market risk trading econo
Slide 8: Continue to invest in technology and controls
Continue to invest in technology and controls ~€ 1.2bn investments in technology across Risk, Anti Financial Crime and Compliance in 2017 – 2020 Investments ongoing, focused on Anti-financial Crime Anti-Financial Crime Compliance Climate / ESG Credit Risk Market Risk Daily name list We now monitor o
Slide 9: Client trust and employee engagement is growing
Client trust and employee engagement is growing % of client respondents in Germany trusting Deutsche Bank Employee Barometer results Retail clients Corporate clients 76% Employees support our transformation 72 70 71 69 66 66 69 64 85% Employees believe in our resilience 62 65 64 63 60 59 60 54 56 77
Slide 10: Progress made on strategic priorities
Progress made on strategic priorities Q1 2021 Investment Bank Corporate Bank Double digit percentage revenue growth for the 6th ✔ € 83bn deposits under charging agreements with ✔ consecutive quarter quarterly revenues of € 74m ✔ Continued client re-engagement and growth in client ✔ Progress
Slide 11: Well positioned for key structural trends
Well positioned for key structural trends Global financing and Lower interest rates for transformation longer Aging societies Wealth preservation Corporate response to climate change Deep local presence Digitalization Glocalization Sustainability Deutsche Bank DB Global Financial Services Conference
Slide 12: Sustainability is a key driver for opportunities with new value potential
Sustainability is a key driver for opportunities with new value potential Key drivers Resulting opportunities Clients(5) reallocate resources and Regulators(1) impose tougher policies require advice in their transition Clients demand a credible partner € 130tn AuM reallocated based on ESG Employees(
Slide 13: Committed to our 2022 plans and targets
Committed to our 2022 plans and targets Group revenue Adjusted costs(1) Cost income ratio CET1 ratio Group RoTE plan ~€ 24.4bn € 16.7bn 70% >12.5% 8% € 5bn of capital for distribution to shareholders from 2022 (1) Adjusted costs excluding transformation charges Deutsche Bank DB Global Financial Serv
Slide 14: 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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