Statement by Jürgen Fitschen and Anshu Jain on 3Q2013 results


“In the third quarter we met several challenges. We took substantial litigation charges and saw reduced profits in investment banking, leading to a lower quarterly result. Notwithstanding this, we made progress in key areas. In this quarter alone, we achieved approximately 15% of our 2015 balance sheet reduction target of EUR 250 billion. Our Operational Excellence Program remained on track in delivering cost savings and we sustained investments in our control functions. In addition, Deutsche Asset & Wealth Management produced one of its strongest ever quarters.”

Jürgen Fitschen and Anshu Jain,
Co-Chairmen of the Management Board (Co-CEOs)

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