Deutsche Bank pledged to slash its leverage exposure by dumping assets in the US and Asia, as part of ongoing restructuring efforts.
The bank reported a phased-in leverage ratio of 4% for the three months to March 31, down from 4.1% the previous quarter, and flat on the first quarter of 2017. Financial targets set by management last year commit the bank to achieving a phased-in leverage ratio of 4.5%.
On a fully-loaded basis, the current leverage ratio is 3.7%, up from 3.4% on the year.
The week on Risk.net, September 8-14, 2018Receive this by email