Deutsche Bank Stays Cautious as Profits Surprise

The transcript discusses the challenges faced by John Cryan, CEO of Deutsche Bank, including litigation and restructuring costs. Despite a surprise profit, there are concerns about capital buffers and solvency. The capital ratio has declined, but regulatory timelines may provide more time for compliance. Shareholders are worried about equity and profitability, with Cryan's strategy still in early stages.

What is the significance of the tier one common equity ratio mentioned in the discussion?

What are the potential implications for shareholders if Deutsche Bank does not improve its profitability?