Deutsche Bank needs to improve capital allocation, profitability, CEO says
1. Deutsche Bank will maintain its Global Hausbank strategy. 2. CEO Sewing emphasizes the need to enhance capital allocation and profitability.
1. Deutsche Bank will maintain its Global Hausbank strategy. 2. CEO Sewing emphasizes the need to enhance capital allocation and profitability.
While maintaining strategy indicates stability, the focus on profitability suggests ongoing challenges. Historical efforts to improve profitability have had mixed results.
The statement reflects strategic continuity but signals potential concerns about market competitiveness and future performance.
Focus on improving capital allocation may take time to yield results; long-term revitalization strategies often need patience.