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:
“Kind are her answers,
But her performance keeps no day;
Breaks time, as dancers,
From their own music when they stray.”
—Thomas Campion (1567–1620)
“The way to go to the circus, however, is with someone who has seen perhaps one theatrical performance before in his life and that in the High School hall.... The scales of sophistication are struck from your eyes and you see in the circus a gathering of men and women who are able to do things as a matter of course which you couldn’t do if your life depended on it.”
—Robert Benchley (1889–1945)
“O world, world! thus is the poor agent despised. O traitors and bawds, how earnestly are you set a-work, and how ill requited! Why should our endeavour be so loved, and the performance so loathed?”
—William Shakespeare (1564–1616)