The company said, “Capital efficiency: Deutsche Bank delivered RWA reductions of a further EUR 2 billion during the quarter through securitization and data and process improvements. As a result, cumulative RWA reductions from capital efficiency measures reached EUR 15 billion, representing further progress toward the bank’s objective of EUR 25-30 billion in optimizations by 2025. The bank made progress on its share repurchase program launched on March 4, 2024; as at April 19, 2024, the bank had repurchased 20.6 million shares for a total of EUR 283 million. The bank anticipates materially completing the current program by the end of the first half of 2024.”
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