Performance
| Year | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | €4.3bn | €2.3bn | €5.0bn | €-3.9bn | €6.5bn | €6.1bn | €3.5bn | €2.5bn | €1.4bn |
| Revenues | €33.2bn | €28.6bn | €28.0bn | €13.5bn | €30.7bn | €28.5bn | €25.6bn | €21.9bn | €21.3bn |
| Return on Equity | - | 5% | 18% | -29% | 30% | 26% | 16% | 1% | 7% |
| Dividend | - | 0.75 | 0.75 | 0.5 | 4.5 | 4.0 | 2.5 | 1.7 | 1.5 |
Deutsche Bank has been transformed over the past five years, moving from a German-centric organisation that was renowned for its retail and commercial presence to a global investment bank that is less reliant on its traditional markets for its profitability.
The bank has been widely recognized for this change and was named International Financing Review's Bank of the Year twice in a three-year period, in 2003 and 2005. It also won the prize in 2010. In 2012, for the second time in three years, Deutsche Bank was named Best Global Investment Bank in the annual Euromoney Awards for Excellence.
For the 2008 financial year, Deutsche Bank reported its first annual loss in five decades., despite receiving billions of dollars from its insurance arrangements with AIG, including US$11.8 billion from funds provided by US taxpayers to bail out AIG.
October 2011: Based on a preliminary estimation from the European Banking Authority (EBA), Deutsche Bank AG needs to raise capital about €1.2 billion (US$1.7 billion) as part of a required 9 percent core Tier 1 ratio after sovereign debt writedown starting in mid-2012.
Read more about this topic: Deutsche Bank
Famous quotes containing the word performance:
“Nobody can misunderstand a boy like his own mother.... Mothers at present can bring children into the world, but this performance is apt to mark the end of their capacities. They can’t even attend to the elementary animal requirements of their offspring. It is quite surprising how many children survive in spite of their mothers.”
—Norman Douglas (1868–1952)
“What avails it that you are a Christian, if you are not purer than the heathen, if you deny yourself no more, if you are not more religious? I know of many systems of religion esteemed heathenish whose precepts fill the reader with shame, and provoke him to new endeavors, though it be to the performance of rites merely.”
—Henry David Thoreau (1817–1862)
“When a book, any sort of book, reaches a certain intensity of artistic performance it becomes literature. That intensity may be a matter of style, situation, character, emotional tone, or idea, or half a dozen other things. It may also be a perfection of control over the movement of a story similar to the control a great pitcher has over the ball.”
—Raymond Chandler (1888–1959)