Deutsche Bank

Human Resources
Report 2016

Financial targets

»To reach our goals, we are now placing Deutsche Bank on three strong pillars […] At the same time, we need to control our costs even more tightly. Last year, we achieved a lot. However, in this tough environment, further reductions are unavoidable. We aim to reduce adjusted costs from 24.1 billion euros last year to around 21 billion euros by 2021. Given our recent successes, I am all the more confident that we will reach these goals.«

Message from John Cryan on Deutsche Bank’s capital increase and strategy to all employees on March 5, 2017

1 Full implementation of Basel 3
2 Total noninterest expenses excluding restructuring and severance, litigation, impairment of goodwill and other intangibles