Employees

Group Headcount

As of December 31, 2013 we employed a total of 98,254 staff members as compared to 98,219 as of December 31, 2012. We calculate our employee figures on a full-time equivalent basis, meaning we include proportionate numbers of part-time employees.

The following table shows our numbers of full-time equivalent employees as of December 31, 2013, 2012 and 2011.

Employees1

Dec 31, 2013

Dec 31, 2012

Dec 31, 2011

1

Full-time equivalent employees; in 2013, the employees of Pakistan previously shown in Asia/Pacific were assigned to Middle East; numbers for 2012 (79 employees) and 2011 (78 employees) have been reclassified to reflect this. In 2012, the employees of Mexico previously shown in North America were assigned to Latin America; numbers for 2011 (90 employees) have been reclassified to reflect this. In 2012, the change of FTE definition regarding “Mobile Sales Forces” in India resulted in a decrease of 300 (status as of December 31, 2011).

2

Primarily the United States.

3

The nominal headcount of The Cosmopolitan of Las Vegas is 4,393 as of December 31, 2013 compared to 4,371 as of December 31, 2012 and 4,256 as of December 31, 2011. The headcount number is composed of full time and part time employees and is not part of the full time equivalent employees figures.

Germany

46,377

46,308

47,323

Europe (outside Germany), Middle East and Africa

23,372

23,952

24,265

Asia/Pacific

18,175

17,630

18,273

North America2,3

9,752

9,787

10,610

Latin America

578

542

525

Total employees3

98,254

98,219

100,996

The number of our employees increased in 2013 by 35 or 0.0 % due to the following factors:

  • The number of staff in Corporate Banking & Securities decreased by 210 primarily due adjustments related to the market development;
  • In Global Transaction Banking, the number of employees went down by 247, particularly as a result of the adjustments related to the acquired commercial banking activities in the Netherlands and the divestment of Deutsche Card Services in Germany;
  • The number of our staff in Deutsche Asset & Wealth Management decreased by 332. This was primarily due to the market development and the integration of Asset Management and Wealth Management into one division;
  • The number of Private & Business Clients staff decreased by 53 despite the integration of KEBA in Germany;
  • The number of staff in the Non-Core Operations Unit remained virtually unchanged;
  • In our Infrastructure operations, employee headcount increased by 886, primarily due to the integration of DB Investment Services in Germany.
Employees
Employees (bar chart)