SEC Form 20-F - Deutsche Bank Annual Report 2012

Deutsche Bank
Annual Report 2010 on Form 20-F
Item 4: Information on the Company 23
We recognize that Asia has become a key driver of revenue growth in our industry. We already have a substantial
presence in Asia, and in the next two years we plan to invest in the region in order to strengthen our growth
potential and propel us into even better competitive positions in CIB and GTB. At the same time, we seek to
double the size of our Private Wealth Management business within the region.
Overall, we aim to reinvigorate our performance culture, recommitting to efficiency across our businesses with
an intense focus on costs and infrastructure optimization. As part of this, and to ensure clear accountability, we
have implemented new performance metrics and a value-based management system aimed at delivering higher
returns to shareholders. We will continue to invest in our corporate culture. Diversity will be integral from
recruitment through to leadership. Talent management will be further embedded into our culture from career
planning to compensation models.
Capital management strategy. Focused management of capital has been a critical part of all phases of our
management agenda. In 2010, we increased our Tier 1 capital over the course of the year from € 34.4 billion to
€ 42.6 billion. At the end of 2010, our Tier 1 capital ratio, as measured under Basel II, stood at 12.3 % as compared
to 12.6 % at the end of 2009.
Our Group Divisions
Corporate & Investment Bank Group Division
The Corporate & Investment Bank Group Division (CIB) primarily serves large and medium-sized corporations,
financial institutions and sovereign, public sector and multinational organizations. This group division generated
73 % of our net revenues in 2010, 67 % of our net revenues in 2009 and 24 % of our net revenues in 2008
(on the basis of our management reporting systems).
CIB’s operations are predominantly located in the world’s primary financial centers, including London, New York,
Frankfurt, Tokyo, Singapore and Hong Kong. However, an increasing amount of activity is also in Emerging
Markets, with offices in locations such as Johannesburg, Mumbai, Sao Paulo and Beijing.
The businesses that comprise CIB seek to reach and sustain a leading global position in corporate and institutional
banking services, as measured by financial performance, client market share and reputation, while making
optimal usage of, and achieving optimal return on, our capital and other resources. The division also continues
to exploit business synergies with the Private Clients and Asset Management Group Division. CIB’s activities
and strategy are primarily client-driven. Teams of specialists in each business division give clients access not
only to their own products and services, but also to those of our other businesses.
On July 1, 2010, responsibility for leadership of CIB was transferred solely to Anshuman Jain, who had been
co-head of the division with Michael Cohrs for the previous six years. As a result of this, a reorganization of CIB
has been accomplished.