China Economic Net Beijing February 14 (Reporter Wang Xinchuan) Deutsche Bank has announced the 2010 performance report shows that in 2010 net profit of 23 billion euros, pre-tax profit 6.5 billion euros, up 25% over 2009. In addition, the company pre-tax equity in 2010 an average return of 9.5%. Board of Directors and Supervisory Board will propose at the annual shareholder meeting, were distributed ? 0.75 per share, flat with 2009.
report also showed that full-year 2010 operating income of 286 million euros. Does not include costs associated with the Post Bank, operating income of 309 million euros, compared to 28 billion euros in 2009 increased 11%. Despite the challenging market environment, (which is reflected in several periods in 2010 and the downturn in customer activity continued macro-economic uncertainty throughout the year), corporate and investment banking revenue of 20.9 billion euros, a record the history of the department records. Private client and asset management business demonstrated strong revenue growth, an increase of 22%, totaling 100 million euros, after the merger is not only due to the actual effect, but also benefit from the existing portfolio management fee income and savings and strong growth in payment services.
2010 year-end, Deutsche Bank's tier one capital ratio was 12.3%, 12.6% compared to the end of 2009 is slightly lower. Core capital ratio was 8.7%, flat with the end of 2009. Following the acquisition, and the scale in the fourth quarter of 102 million euros capital increase, Deutsche Bank maintained its strong capital base. 2010 at the end of a capital scale of 426 million euros, compared to the same period in 2009, achieved growth of 34.4 billion euros. As of December 31, 2010, the core of a capital size of 300 million euros. The end of 2010, after a risk-weighted assets to 346 billion euros.
2010 year-end, Deutsche Bank's total assets increased to 1.906 trillion euros, compared to the end of 2009 to 1.501 trillion euros. End of 2010, the leverage ratio of 23 times, with last year.
Deutsche Bank is a leading global investment bank with a strong and profitable private client business excellence, ranked in the leading position in Germany and Europe and in North America, Asia and key emerging markets, sustainable development. Deutsche Bank employs approximately 100,000 employees in 74 countries and territories worldwide to provide excellent financial services. Deutsche Bank first came to China in 1872, in Shanghai established its first overseas office. Now Deutsche Bank (China) Co., Ltd. has been locally incorporated bank in China, in Beijing, Shanghai, Guangzhou and Tianjin, with more than 500 employees. Deutsche Bank has regional centers in the Region, more than 1,400 employees; 2008, Deutsche Bank Hong Kong Centre has celebrated its fiftieth anniversary. Deutsche Bank set up in Beijing and Shanghai securities business office.
2006 �� 5 months, Deutsche Bank acquired the shares of Hua Xia Bank, and the two sides in June 2007 launched a credit card business cooperation. Huaxia Bank listed on the Shanghai Stock Exchange, a nationwide business. To complete the regulatory approval, Deutsche Bank, Hua Xia Bank shares held will increase to 19.99%. Deutsche Bank's investment in China's leading management institutions Harvest Fund Management Company has a 30% strategic investment. In addition, Deutsche Bank and Shanxi Sino-German joint venture securities companies the securities of the securities in July 2009 issued by China Securities Regulatory Commission, Deutsche Bank holds a 33.3% stake in German securities. Deutsche Bank Global
Ackerman Chairman of the Board said: proving once again that not only the profitability of core businesses, but also greatly enhance our position in the global market, the greater development of the future are well prepared. We will be the cornerstone of these good results, the momentum forward to achieve our set the ambitious goal of the new fiscal year profit. We fully understand the risks inherent in the overall economy and uncertainties, but we remain confident in achieving those goals. Deutsche Bank reiterated that 2011 profit target of 100 million euros.
No comments:
Post a Comment