Deutsche Bank CFO James Von Moltke on Third-Quarter Results, Strategy

The video discusses a 15% year-over-year revenue drop, attributing it to strategic decisions, transitory items, and interest rates. The core business shows stability despite restructuring. Future revenue expectations focus on maintaining stability and growth in private banking, corporate banking, and asset management. The rates franchise was repositioned, impacting FICC revenues, but the strategy aims to rebuild and strengthen the business.

What was the primary reason for the 15% drop in revenues year over year?

• Increased competition in the market

• Strategic exit from equity sales and trading

• Decline in customer demand

• Higher operational costs

Which segment showed growth despite the overall decline in fixed sales and trading?

• Equity sales

• Corporate advisory and debt underwriting

• Retail banking

• Real estate investments

What is the company's approach towards its core business amidst restructuring?

• Aggressive expansion

• Maintaining stability

• Complete overhaul

• Reducing operations

What strategic action was taken in September regarding the rates franchise?

• Reduction in workforce

• Expansion into new markets

• Repositioning of the rates franchise

• Introduction of new financial products

What is the company's commitment towards the FICC business?

• Focusing solely on domestic markets

• Maintaining a broad-based capability

• Phasing out the business

• Shifting to a different industry