Deutsche Bank Says Half of Business Earned Cost of Capital

Most of Deutsche Bank AG’s business activities still failed to earn their cost of capital last year, demonstrating the long struggle the German lender is facing in generating attractive shareholder returns.

“By 2028, we aim to deploy more than 70% of our capital in areas that clearly earn their cost of capital and strengthen our profitability in the long term,” Chief Executive Officer Christian Sewing said in prepared remarks for the annual shareholder meeting slated to take place May 28.