After an outstanding first nine months, we now look forward with confidence to a successful conclusion to 2005, and to continued success in 2006.
"Josef Meinrad Ackermann" is 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.
More Josef Ackermann on Wikipedia.In the third quarter 2005, we produced our best third-quarter result ever.
We are confident that, if business and market conditions remain stable, we will deliver on our published financial target, and turn our strong performance into clear benefits for our shareholders.
The time has come for concerted action to share the burden of adjustment and maximize the benefits that such action can produce.
We want to grow organically.
Consolidation is not a goal in itself and must bring an advantage for investors.
If I am found guilty, I will step down.
We want to be the leading investment bank in the world.
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.
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