Entity-Wide Disclosures


Net Revenue Components

in € m.

2012

2011

2010

1

Includes revenues from ETF business.

2

Includes revenues from Postbank since consolidation on December 3, 2010.

3

Total net revenues presented above include net interest income, net gains (losses) on financial assets/liabilities at fair value through profit or loss and other revenues such as commissions and fee income.

Corporate Banking & Securities:

 

 

 

Sales & Trading (debt and other products)

9,181

8,520

9,844

Sales & Trading (equity)

2,288

2,235

2,875

Sales & Trading (equity, debt & other)

11,469

10,755

12,718

Origination (debt)

1,417

1,056

1,200

Origination (equity)

518

559

706

Origination (equity & debt)

1,935

1,615

1,906

Advisory

590

621

573

Loan products

1,107

1,158

1,146

Other products

547

(39)

(62)

Total Corporate Banking & Securities

15,648

14,109

16,282

 

 

 

 

Global Transaction Banking:

 

 

 

Transaction services

4,006

3,608

3,163

Other products

216

Total Global Transaction Banking

4,006

3,608

3,379

 

 

 

 

Asset & Wealth Management:

 

 

 

Discretionary portfolio management/fund management

2,108

2,104

2,178

Advisory/brokerage

807

789

830

Credit products

411

393

378

Deposits and payment services

236

158

142

Other products1

904

833

993

Total Asset & Wealth Management

4,466

4,277

4,520

 

 

 

 

Private & Business Clients:

 

 

 

Discretionary portfolio management/fund management

213

251

313

Advisory/brokerage

860

914

887

Credit products

2,149

2,099

2,117

Deposits and payment services

2,064

2,085

1,962

Other products2

4,255

5,044

769

Total Private & Business Clients

9,541

10,393

6,048

Total Non-Core Operations Unit

1,058

879

(1,285)

Consolidation & Adjustments

(978)

(38)

(377)

Total3

33,741

33,228

28,567

The following table presents total net revenues (before provisions for credit losses) by geographic area for the years ended December 31, 2012, 2011 and 2010, respectively. The information presented for CB&S, GTB, AWM, PBC and NCOU has been classified based primarily on the location of the Group’s office in which the revenues are recorded. The information for C&A is presented on a global level only, as management responsibility for C&A is held centrally.

in € m.

2012

2011

2010

1

For the years ended December 31, 2012, 2011 and 2010 the United Kingdom accounted for 48 %, 53 % and 70 % of these revenues, respectively.

2

Consolidated net revenues comprise interest and similar income, interest expenses and total noninterest income (including net commission and fee income). Revenues are attributed to countries based on the location in which the Group’s booking office is located. The location of a transaction on the Group’s books is sometimes different from the location of the headquarters or other offices of a customer and different from the location of the Group’s personnel who entered into or facilitated the transaction. Where the Group records a transaction involving its staff and customers and other third parties in different locations frequently depends on other considerations, such as the nature of the transaction, regulatory considerations and transaction processing considerations.

Germany:

 

 

 

CB&S

1,483

1,380

1,724

GTB

1,256

1,213

1,159

AWM

1,157

1,181

1,188

PBC

7,560

8,516

4,438

NCOU

1,018

520

360

Total Germany

12,473

12,808

8,869

Europe, Middle East and Africa:

 

 

 

CB&S

5,833

5,393

5,837

GTB

1,377

1,263

1,225

AWM

1,218

2,070

1,912

PBC

1,949

1,851

1,574

NCOU

(422)

(124)

(1,687)

Total Europe, Middle East and Africa1

9,955

10,453

8,861

Americas (primarily United States):

 

 

 

CB&S

5,663

4,693

5,781

GTB

770

627

596

AWM

1,666

623

1,061

PBC

NCOU

484

445

15

Total Americas

8,584

6,389

7,453

Asia/Pacific:

 

 

 

CB&S

2,670

2,643

2,939

GTB

603

505

400

AWM

424

404

360

PBC

32

27

37

NCOU

(22)

38

28

Total Asia/Pacific

3,707

3,617

3,763

Consolidation & Adjustments

(978)

(38)

(377)

Consolidated net revenues2

33,741

33,228

28,567