Reklama

DBPBC (DBP): Deutsche Bank announces details of Strategy 2020

UNI - EN REPORT No14/2015

Deutsche Bank announces details of Strategy 2020

Reklama

Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today announced details of the execution of its strategic plan, known as “Strategy 2020,” including information on the Bank’s strategic goals; management actions in its business divisions, infrastructure functions, and regions; and updated performance targets for 2018 and 2020.

Targets:

Cost reduction:

Adjusted costs* below EUR 22 billion in 2018

Gross savings of EUR 3.8 billion by 2018 with restructuring and severance costs of EUR 3.0 – 3.5 billion, two-thirds of which to be spent by 2016

Cost income ratio of approximately 70% in 2018 and 65% in 2020

Full exit from 10 countries

Capital strength:

Leverage exposure reduction of approximately EUR 170 billion and risk weighted asset reduction before regulatory inflation of approximately EUR 90 billion by 2018

Planned suspension of dividend on common equity for the fiscal year 2015 and 2016

Common Equity Tier 1 capital ratio of at least 12.5% from end 2018

Leverage ratio of at least 4.5% at end 2018 and at least 5% at end 2020

Returns to shareholders:

Post-tax return on tangible equity greater than 10% by 2018

*Total noninterest expenses excluding restructuring and severance, litigation, impairment of goodwill and intangibles and policyholder benefits and claims

Załączniki

Archiwum.zip
Dowiedz się więcej na temat: 2020 | EN

Reklama

Reklama

Reklama

Reklama

Finanse / Giełda / Podatki
Bądź na bieżąco!
Odblokuj reklamy i zyskaj nieograniczony dostęp do wszystkich treści w naszym serwisie.
Dzięki wyświetlanym reklamom korzystasz z naszego serwisu całkowicie bezpłatnie, a my możemy spełniać Twoje oczekiwania rozwijając się i poprawiając jakość naszych usług.
Odblokuj biznes.interia.pl lub zobacz instrukcję »