entire - Deutsche Bank Annual Report 2012

Deutsche Bank
Annual Review 2010
Letter from the Chairman of the Management Board
Third, in Asia, we are well on track with our plan to double
revenues and profi ts this year based on 2008 levels. Fourth and
fi nally, we expect the integration of our investment bank and
the consolidation of Postbank to generate considerable synergies
and we envisage signifi cant effi ciency gains from the
reinvigoration of our performance culture.
Deutsche Bank is very well positioned for the future. Naturally,
my colleagues and I are well aware that we will face many
challenges and uncertainties this year, too. However, barring
unforeseen obstacles, we will be able to reach our target by
drawing on last year’s hard work and the momentum gained
from our accomplishments. We look forward to continuing to
serve the interests of our shareholders, our clients, our
employees and the communities in which we operate in 2011
and beyond.
Yours sincerely,
Dr. Josef Ackermann
Chairman of the Management Board and
the Group Executive Committee
Frankfurt am Main, March 2011
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