Deutsche Bank provides services in commercial and investment banking, retail banking as well as wealth and asset management products to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. We are Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia-Pacific. We aim to serve the real economy needs of our clients and to be the leading European bank with global reach.
In October 2015, we outlined a multi-year strategy to build on the core strengths of our business model and client franchise. As part of this strategy, we successfully reorganized our business divisions into three distinct units, with the goals of strengthening the businesses of each, enhancing client coverage, improving market share and driving efficiencies and growth:
- The new Corporate & Investment Bank (CIB) combines our markets, advisory, financing and transaction banking businesses – giving it the scale and strength to successfully compete and grow globally.
- The Private & Commercial Bank (PCB) combines Postbank and our existing private, commercial and wealth management businesses, serving more than 20 million clients in Germany. This measure is aimed at creating a market leading retail presence in Germany, driving greater efficiency through scale and better earnings and funding stability for Deutsche Bank.
- Our world-class Deutsche Asset Management (Deutsche AM) division is given the operational segregation that can support accelerated growth, and we are progressing well in the preparation of the planned initial public offering.
We are also strengthening the efficiency and effectiveness of our corporate center in part through increased front-to-back alignment and shifting portions of infrastructure functions to the business divisions. Geographically, we intend to retain our global capabilities where our management believes our franchise is the strongest, the growth potential the largest, and the potential risk-adjusted returns the highest.
Our bank was founded almost 150 years ago with the objective of helping companies in Germany – and later Europe – to expand into the world. We are anchored in our domestic market Germany, supported by our strong global network which benefits our corporate clients, in particular. Deutsche Bank’s deep capital markets expertise is unrivalled in Europe. We are able to finance transactions and global trade, manage risks tied to currency and interest rate movements and obtain the capital needed for companies to grow due to our diversified client base, which includes major pension funds and institutional investors. We support companies in mergers and acquisitions, growth initiatives and initial public offerings. At the same time, we are a very successful asset manager.
Read more about our strategy in the Annual Report.