At the Annual General Meeting of Deutsche Bank AG (DB) Jürgen Fitschen and Anshu Jain, its Co-Chairmen of the Management Board and the Group Executive Committee, detailed about company's Strategy 2015+.
By the end of 2015, the company aims to reduce its operating costs by 4.5 billion euros a year. It said it will invest 4 billion euros over the next three years to achieve this target. The company intends to eliminate duplications and unnecessary complexity in order to achieve the greatest possible efficiency.
The company noted that it has also set itself the target of doubling profitability in Deutsche Asset & Wealth Management by 2015. Global Transaction Banking has set itself the target of doubling profitability in the next three years through targeted investments in scale, technology, services and people.
The Management Board and Supervisory Board propose to this AGM the payment of a dividend of 75 cents per share, unchanged versus the last two years. The company said it confident that it will be able to propose the payment of a higher dividend to its shareholders, again in the future.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.