Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) and RHJ International, through its wholly owned subsidiary Kleinwort Benson Group, are in exclusive negotiations on the sale of BHF-BANK, one of Germany’s strong banking brands with a long and successful tradition in Private Banking, Asset Management, Financial Markets and Corporate Banking.
The acquisition of BHF-BANK, with its reputation among wealthy private clients and corporates in Germany, would be a further step in RHJ International’s transformation into a financial services group based on an independent private and merchant banking model. BHF-BANK will, in the German market, complement Kleinwort Benson Group’s offering in the UK, Ireland and the Channel Islands.
This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in our SEC Form 20-F of 15 March 2011 under the heading “Risk Factors.” Copies of this document are readily available upon request or can be downloaded from www.deutsche-bank.com/ir.
This release may also contain non-IFRS financial measures. For a reconciliation to directly comparable figures reported under IFRS, refer to the 1Q2011 Financial Data Supplement, which is available at www.deutsche-bank.com/ir.