Josef Ackermann
Josef Ackermann
Josef Meinrad Ackermannis a Swiss banker and former chief executive officer of Deutsche Bank. He has also been the member of the influential Washington-based financial advisory body, the Group of Thirty...
business businesses continue continued control core financial focus growth invested key reached regions revenue rigorous strict target thanks
We reached our financial target thanks to continued revenue growth in key businesses, strict control of costs, risks, and capital, and a rigorous focus on core business lines. We have invested in growth businesses and regions during 2005 and will continue to do so.
achieved asset banking both clients corporate investment management private record result truly
We achieved a truly outstanding result in 2005 with record performances in both the corporate and investment banking and in the private clients and asset management business.
earnings equity level objective per return share
Our objective now is to sustain, over the cycle, this level of pretax return on equity and double-digit earnings per share growth.
appears approach committee countries course european implement launch member states union united year
It appears that the European Union and other Basel Committee member countries are on course to launch the new approach in 2008, while the United States will implement at least one year later.