Deutsche Bank CFO Says Cost Cuts Will Include Job Losses

The video discusses the outlook for net interest income amid changing rate environments, highlighting the strong performance of deposit books in corporate and private banks. It explores the long-term benefits of higher rates and the temporary nature of deposit beta effects. The discussion includes capital release and potential returns to shareholders, emphasizing the bank's strong capital position. Cost management strategies are outlined, focusing on maintaining a flat cost base, offsetting inflation, and investing in technology and controls.

What factors are contributing to the positive performance of the deposit books in the corporate and private banks?

How does the speaker view the long-term benefits of higher interest rates?

What is the expected impact of the competitive environment on the banking sector's performance?

What is the significance of the capital distribution path mentioned by the speaker?

What measures are being taken to manage costs in the current inflationary environment?