v3.25.4
Restructuring
12 Months Ended
Dec. 31, 2025
Restructuring [Abstract]  
Restructuring 10 — Restructuring
In 2025, Restructuring is primarily driven by the Group’s Global Hausbank strategic agenda. The Group has defined and
implemented efficiency measures that contributed to achieving the bank’s 2025 targets.
Restructuring expense is comprised of termination benefits, additional expenses covering the acceleration of deferred
compensation awards not yet amortized due to the discontinuation of employment and contract termination costs
related to real estate. Other staff-related termination expenses not meeting the IAS 37 requirements to be Restructuring
are recorded as Severance within Compensation and Benefits.
Net restructuring expense by division
in € m.
2025
2024
2023
Corporate Bank
—
(1)
(4)
Investment Bank
—
—
(3)
Private Bank
(15)
(3)
228
Asset Management
—
—
—
Corporate & Other
—
—
(1)
Total Net Restructuring Charges
(15)
(3)
220
Net restructuring by type
in € m.
2025
2024
2023
Restructuring – Staff related
(13)
(5)
178
thereof:
Termination Benefits
(15)
(6)
176
Retention Acceleration
1
—
1
Social Security
1
1
1
Restructuring – Non Staff related
(1)
1
42
Total Net Restructuring Charges
(15)
(3)
220
Provisions for restructuring amounted to € 151 million, € 273 million and € 333 million as of December 31, 2025,
December 31, 2024 and December 31, 2023, respectively. The majority of the current provisions for restructuring are
expected to be utilized in 2026.
During 2025, 535 full-time equivalent staff was reduced through restructuring (2024: 168 and 2023: 476).
Organizational changes
Full-time equivalent staff
2025
2024
2023
Corporate Bank
3
10
29
Investment Bank
1
5
9
Private Bank
519
116
377
Asset Management
—
2
—
Infrastructure
12
35
61
Total full-time equivalent staff
535
168
476