{
  "docId": "019dd923-5e88-73ef-bd5c-62e8f1edb484",
  "docSlug": "5f0a3a3aee787b20",
  "documentTitle": "Deutsche Bank Q3 2023 Fixed Income Call",
  "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": 4,
  "pageCount": 41,
  "prevPage": 3,
  "nextPage": 5,
  "slideType": "kpi_dashboard",
  "function": "summarize",
  "density": "overcrowded",
  "nDataPoints": 3,
  "notes": "Footnotes refer to slides 38 and 39.",
  "elementsJson": [
    "headline_text",
    "big_number",
    "bullet_list",
    "callout_box",
    "footnote",
    "logo_grid"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd5c-62e8f1edb484/4",
  "deckHref": "/decks/019dd923-5e88-73ef-bd5c-62e8f1edb484",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5c-62e8f1edb484.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5c-62e8f1edb484#slide-4",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "6.9% revenue CAGR delivered in 9M 2023 LTM vs. FY 2021",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-163c-76ae-8c3f-421688aa0903",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.2,
        "x": 0.05,
        "y": 0.88
      },
      "kind": "disclaimer",
      "text": "Notes: for footnotes refer to slides 38 and 39",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "110f3cc7-fd8c-4f02-9a5a-ccb184891b70",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.53,
        "y": 0.75
      },
      "kind": "list",
      "text": "Additional measures further progressing, reaffirming € 2.5bn operational efficiency target",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "33a18001-1f26-45fb-8956-8174a38b17c0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.4,
        "x": 0.06,
        "y": 0.6
      },
      "kind": "list",
      "text": "Significant progress executing investments in fee-generating businesses, including O&A and WM senior banker hires and the Numis acquisition",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "58becb7b-83ac-4cef-89fb-d4233e654ace",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.4,
        "x": 0.53,
        "y": 0.6
      },
      "kind": "list",
      "text": "Key initiatives delivering in line with or ahead of plan including optimization of retail branch network, streamlining of front-to-back processes and headcount management",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "624f0252-2205-4340-bcff-18c76b23c383",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.4,
        "x": 0.53,
        "y": 0.48
      },
      "kind": "list",
      "text": "Adjusted costs kept essentially flat versus prior quarter despite absorbing inflationary pressures and investments into growth and controls",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "788afffd-27cc-4075-9cf5-6bf4ebbbb89e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.06,
        "y": 0.5
      },
      "kind": "list",
      "text": "6.9% revenue CAGR delivered in 9M 2023 LTM vs. FY 2021",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7c7b65ed-e64b-48fb-b741-8a9b2d4d4898",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.06,
        "y": 0.75
      },
      "kind": "list",
      "text": "Future revenue growth further supported by net inflows and momentum in fees and commissions",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b30ab104-9fbe-410d-b93a-ab9b34d32d89",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.4,
        "x": 0.53,
        "y": 0.32
      },
      "kind": "metric",
      "text": "€ 2.5bn Operational efficiencies targeted",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8b1711e6-b482-4dad-8089-36b278f7e255",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.4,
        "x": 0.06,
        "y": 0.32
      },
      "kind": "metric",
      "text": "3.5-4.5% Revenue CAGR 2021-2025 targeted",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "eb7667c7-9f40-48a2-82e0-c630b32cf1eb",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Revenue CAGR / Operational efficiencies: 3.5-4.5%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-163c-76ae-8c3f-4428f22fb029",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.6,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "Continued accelerated execution of strategic agenda",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9234233b-0ec9-477c-983c-526482f4b468",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 4,
      "from": 2,
      "beatId": "38ab5cb3-03ce-4c30-b406-f569051cb0a9",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Problem",
      "beatSlug": "sequoia-pitch-problem",
      "evidence": "The deck presents an overview of the current financial situation and challenges",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [
    {
      "to": 14,
      "from": 2,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "7de26375-5ff9-4e45-8990-6f02ce6cba34",
      "evidence": "The deck presents the consequences of not addressing current challenges",
      "position": 0,
      "objective": "Highlighting the importance of Deutsche Bank's strategic agenda",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}