Deutsche Bank
Interim Report 2Q2014
Deutsche Bank Interim Report 2Q2014
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Welcome to the Interim Report as of June 30, 2014

Statement by Jürgen Fitschen and Anshu Jain on 2Q2014 results
“Deutsche Bank delivered a quarter of strong underlying performance with pre-tax profit up 16 % year-on-year. In the first six months of 2014, Core Bank adjusted profits were EUR 5 billion, despite a tough operating environment and continued investments in our businesses as we implement Strategy 2015+.
 
All our core businesses contributed to this result. In particular, Corporate Banking & Securities delivered robust revenues, growing profits, and for the second consecutive quarter, strong relative performance, regaining its top-3 position in global fixed income and capturing our best ever market share in corporate finance. In addition, Deutsche Asset & Wealth Management more than doubled pre-tax profits versus the prior year quarter, improved revenue quality, and attracted its best net money inflows since 2010.
 
These results reflect progress with Strategy 2015+, which we reinforced with two capital raises in the quarter. Nonetheless, our environment is complex. The world’s economies are growing at different speeds, and this may cause differences in the pace at which interest rates normalize, creating opportunities; however, emerging geopolitical events in Ukraine and the Middle East may impact financial markets and our clients, and we continue to adapt to a fast changing regulatory framework. We remain committed to working systematically through our strategic agenda and, with enhanced capital strength, we face these challenges with greater confidence.”