Deutsche Bank AG 2018 AR2
The report highlights Deutsche Bank's return to profitability in 2018, recording its first net profit since 2014 at 341 million euros. The bank achieved its cost and headcount reduction targets, reducing adjusted costs by over 1 billion euros and bringing its workforce below 93,000 full-time equivalents. It also strengthened its balance sheet, maintaining a solid Common Equity Tier 1 capital ratio of 13.6% and improving its leverage ratio to 4.3% on a phased-in basis. Additionally, the bank successfully completed the legal merger of Deutsche Bank and Postbank in Germany, the partial sale of its retail business in Poland, and the initial public offering of DWS.
Company: Deutsche Bank AG
Sector: Finance & insurance
Country: Germany
Year: 2018
Type: AR2
Pages: 448
Deutsche Bank AG
The report highlights Deutsche Bank's return to profitability in 2018, recording its first net profit since 2014 at 341 million euros. The bank achieved its cost and headcount reduction targets, reducing adjusted costs by over 1 billion euros and bringing its workforce below 93,000 full-time equivalents. It also strengthened its balance sheet, maintaining a solid Common Equity Tier 1 capital ratio of 13.6% and improving its leverage ratio to 4.3% on a phased-in basis. Additionally, the bank successfully completed the legal merger of Deutsche Bank and Postbank in Germany, the partial sale of its retail business in Poland, and the initial public offering of DWS.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees