Deutsche Bank AG (BSE:DBK)

lei 79.27 0 (0%) Market Cap: 153.78 Bil Enterprise Value: -39.36 Bil PE Ratio: 5.37 PB Ratio: 0.42 GF Score: 78/100

Deutsche Bank AG at Deutsche Bank Global Financial Services and FinTech / Info Services Conference (Virtual) Transcript

Jun 01, 2021 / 12:15PM GMT

Release Date Price: lei59.5

Transcript

Christian Sewing

Deutsche Bank Aktiengesellschaft - CEO & Chairman of Management Board

Good morning or good afternoon. It is my pleasure to welcome you to our 11th Annual Global Financial Services conference, although, unfortunately, again, not in person. But even as a virtual conference, it is still a truly global event. We are pleased to welcome 650 attendees from 34 countries. And this includes 131 companies with a combined market value of $3.7 trillion. And these companies will interact with investors who manage over $10 trillion of assets. So we are very delighted to have you all attending, and it is my pleasure to open this conference and provide you with an update on Deutsche Bank's transformation.

So where do we set? We gave ourselves 14 quarters to transform Deutsche Bank and 7 quarters are now behind us. Halfway through our time frame, we have already completed much of the transformation journey. At the end of the first quarter 2021 and at the halfway point of our journey, 87% of the expected transformation-related effects are already behind us. We have continued to deliver against

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