{ "docId": "019dd923-5e88-73ef-bd5c-2df419855183", "docSlug": "ef72c3520c99b066", "documentTitle": "Deutsche Bank Q3 2023 Presentation", "authorId": "DeutscheBank", "authorName": "Deutsche Bank", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "equity_research", "sourceTypeLabel": "Equity research", "presentationDate": null, "orientation": "landscape", "aspectRatio": 1.777, "pageNumber": 14, "pageCount": 47, "prevPage": 13, "nextPage": 15, "slideType": "kpi_dashboard", "function": "summarize", "density": "overcrowded", "nDataPoints": 8, "notes": "Footnotes refer to slides 44 and 45.", "elementsJson": [ "headline_text", "big_number", "bullet_list", "callout_box" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-5e88-73ef-bd5c-2df419855183/14", "deckHref": "/decks/019dd923-5e88-73ef-bd5c-2df419855183", "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5c-2df419855183.json", "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5c-2df419855183#slide-14", "components": [ { "bbox": { "h": 0.08, "w": 0.3, "x": 0.36, "y": 0.78 }, "kind": "callout", "text": "~€ 10bn of promised reduction achieved by Q3; target increased by € 10bn", "attrs": null, "subkind": "primary", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "28e26944-1daf-4f05-8cee-f4fd79255e27", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.3, "x": 0.67, "y": 0.78 }, "kind": "callout", "text": "Latest estimate of Basel III impact € 10-15bn lower", "attrs": null, "subkind": "primary", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7f61d0f7-b0e1-44d6-9163-b7efb6fa59b7", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.3, "x": 0.05, "y": 0.78 }, "kind": "callout", "text": "Largely completed model reviews to achieve EBA Guideline compliance", "attrs": null, "subkind": "primary", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "c0a25b6a-97e1-4e12-974c-40a176c87cee", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "callout", "text": "Largely completed model reviews to achieve EBA Guideline compliance.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd952-163e-7005-a2cb-88860d925f77", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.25, "w": 0.28, "x": 0.67, "y": 0.45 }, "kind": "list", "text": "Revised Basel III estimates as compared to € 25-30bn guidance previously; MR and CVA FRTB estimates matured; OR RWA impact proved conservative; CR RWA dependent on final CRR3 text; Note: estimates subject to current state of draft law", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7210eaf4-52aa-4aaa-bb73-31173753cdc4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.25, "w": 0.28, "x": 0.06, "y": 0.45 }, "kind": "list", "text": "Q3 2023 go-live impact of new wholesale and retail models and other regulatory changes within expectations; ~85% of RWA now calculated using models approved as compliant with EBA Guidelines; Remaining portfolios are expected to go live in the next quarters", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "83598458-7b5a-4081-91d8-a2448421bdde", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.25, "w": 0.28, "x": 0.37, "y": 0.45 }, "kind": "list", "text": "€ 3bn RWA relief achieved in Q2; ~€ 6.5bn RWA reduction in Q3 from accelerated data and process enhancement initiatives; ~€ 0.5bn RWA relief in Q3 from consumer finance securitization; Current progress makes us confident to increase the original target", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "dff7bc72-cc77-4e23-94dd-95915af2da59", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.1, "x": 0.45, "y": 0.25 }, "kind": "metric", "text": "€ 25-30bn", "attrs": null, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3503ce2f-e2b4-4307-bc0a-8571e588ecff", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.1, "x": 0.15, "y": 0.25 }, "kind": "metric", "text": "(38)bps", "attrs": null, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "9b04ca2b-a947-4fa4-bafc-ac720a5b9aa4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.1, "x": 0.75, "y": 0.25 }, "kind": "metric", "text": "~€ 15bn", "attrs": null, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "df80c0de-f17c-40b7-a3f4-7c2b75098159", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "metric", "text": "RWA reductions: € 25-30bn", "attrs": null, "subkind": "primary", "toolName": "Quantification", "toolSlug": "quantification", "confidence": null, "componentId": "019dd952-163e-7005-a2cb-8c1678564145", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.25, "x": 0.68, "y": 0.3 }, "kind": "paragraph", "text": "Latest estimate of Basel III impact on RWA", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "358dda9c-bbc7-4832-b041-2cb219acf5ef", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.25, "x": 0.07, "y": 0.3 }, "kind": "paragraph", "text": "CET1 ratio reduction principally from model reviews", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "67acb0b1-35fa-47b4-8259-84fe62a54c92", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.1, "x": 0.45, "y": 0.3 }, "kind": "paragraph", "text": "RWA reductions targeted", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7497d833-facc-446d-98be-b46bdf89a76e", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.4, "x": 0.05, "y": 0.08 }, "kind": "title", "text": "Effective capital management", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "707f2abe-a8ab-4adb-94c4-fe8055af0d3a", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Waterfall chart", "slug": "waterfall-chart", "agent": null, "layer": "slide", "matchId": "8a53b5d8-4351-496c-8cf1-fe4521b90eac", "evidence": "The slide mentions RWA reductions and targets, which could be visualized using a waterfall chart.", "confidence": 0.7 } ], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }