September 2, 2024 (NO COMMENTS)

Addition of hedges in Q2 helps cut RWAs by 26%, outpacing other European banks

 

Deutsche Bank significantly reduced its credit valuation adjustments (CVA) risk in the second quarter by implementing additional hedges. CVA risk-weighted assets (RWAs) dropped by 26.4% to €3.9 billion ($4.3 billion), the lowest level since the bank began disclosing these figures in comparable form in Q1 2016.