Deutsche Bank (DB.US) announced its three-year strategic plan for the future! It promises to increase shareholder returns and dividends, and plans to cut costs by 2 billion euros.

China Times Financial APP learned that Christian Sewing, CEO of Deutsche Bank (DB.US), has increased key return targets in his three-year strategic plan and pledged to pay higher dividends to shareholders. The largest bank in Germany stated in a statement on Monday that its goal is to achieve a return on tangible equity (RoTE) of over 13% by 2028, higher than this year's target of "over 10%." In addition, Deutsche Bank plans to distribute 60% of profits to shareholders starting next year (currently at 50%), with the excess cash being used for "focused growth" or increased dividends.