Deutsche Bank Results Presentation Deck
Effective capital management
Absorbing regulatory inflation
(38)bps
CET1 ratio reduction principally from model reviews
>
Q3 2023 go-live impact of new wholesale and retail
models and other regulatory changes within
expectations
~85% of RWA now calculated using models
approved as compliant with EBA Guidelines
> Remaining portfolios are expected to go live in the
next quarters with very limited ratio impact
Largely completed model reviews to
achieve EBA Guideline compliance
Notes: for footnotes refer to slides 44 and 45
Deutsche Bank
Investor Relations
Q3 2023 results
October 25, 2023
Capital efficiency
€ 25-30bn¹
RWA reductions targeted
€ 3bn RWA relief achieved in Q2
~€ 6.5bn RWA reduction in Q3 from
accelerated data and process enhancement
initiatives
~€ 0.5bn RWA relief in Q3 from consumer
finance securitization
Current progress makes us confident to
increase the original target by € 10bn, including
optimized hedging and reduction of sub-hurdle
lending
~€ 10bn of promised reduction achieved
by Q3; target increased by € 10bn
Basel III update
/
~€15bn
Latest estimate of Basel III impact on RWA
Revised Basel III estimates as compared to € 25-
30bn guidance previously, mainly driven by:
>
MR and CVA FRTB estimates matured over
last quarter
>
OR RWA impact proved conservative
> CR RWA dependent on final CRR3 text
Note: estimates subject to current state of draft law
interpretations
Latest estimate of Basel III impact
€ 10-15bn lower
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