Deutsche Bank AG / Key word(s): Strategic Company Decision 24.04.2015 22:59 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- The Management Board of Deutsche Bank (XETRA: DBKGn.DE/NYSE: DB) today decided upon the next phase of the Bank's strategy. This reaffirms the Bank's commitment to remain a leading global bank based in Germany. The Bank will reduce leverage in Corporate Banking & Securities (CB&S); deconsolidate Postbank; invest in its transaction banking, asset and wealth management, and retail businesses; and continue to redesign its operating and governance models to achieve greater efficiency and a more robust control environment. Furthermore, it will increase its investments in digital banking and rationalize its geographic footprint. The Supervisory Board today decided unanimously to support the proposal submitted by the Management Board. Details of the strategy will be announced on Monday, April 27, on an analyst call at 8:00 a.m. CET and at a press conference in Frankfurt at 10:30 a.m. CET. The Bank will also disclose its first quarter results on Sunday afternoon, April 26, at approximately 15:00 CET. Management will discuss these on Monday's analyst call. 24.04.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Deutsche Bank AG Taunusanlage 12 60325 Frankfurt a. M. Germany Phone: +49 (0)69 910-00 Fax: +49 (0)69 910-38966 E-mail: Deutsche.Bank@db.com Internet: www.deutsche-bank.de ISIN: DE0005140008 WKN: 514000 Indices: DAX, EURO STOXX 50 Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Terminbörse EUREX; NYSE End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Deutsche Bank announces next phase of strategy
| Source: EQS Group AG