Deutsche Bank Can Sustain Investment Bank Momentum, CEO Says

The transcript discusses Deutsche Bank's performance, highlighting the resilience and growth in its stable businesses despite challenges from COVID-19 and interest rates. The investment bank has shown strong momentum, with potential for continued growth. The sustainability of recent outperformance is emphasized, with a focus on financing as a strength. Challenges in the corporate and private banks due to low interest rates and the pandemic are acknowledged, but strategies are in place to mitigate these issues.

What challenges did Deutsche Bank face in its stable businesses during the year?

• Increased competition

• COVID-19 and interest rate headwinds

• High inflation rates

• Regulatory changes

What was the underestimated potential of Deutsche Bank's strategy?

• Retail banking

• Investment Bank

• Corporate social responsibility

• Digital transformation

What is the outlook for Deutsche Bank's fixed income trading business in the fourth quarter?

• Potential for double-digit growth

• Decline in growth

• No significant change

• Stable performance

What factors contributed to the outperformance of Deutsche Bank's investment bank in 2020?

• Market-driven and COVID-related factors

• New product launches

• Expansion into new regions

• Increased marketing efforts

How did Deutsche Bank's corporate and private banks respond to the challenges of low interest rates?

• By closing branches

• By reducing staff

• By passing on negative interest rates

• By increasing fees