Eurozone
EU member not
using Euro
UK, Sweden,
Denmark,
Bulgaria, Croatia,
Czech, Hungary,
Poland, Romania
Real GDP
3
Others; 24%
Germany; 28%
Spain; 12%
France; 19%
0
3Q15
Italy; 16%
4Q15
Eurozone
Italy
1Q16
Germany
Spain
2Q16
France
3
Source: OECD
*As of 2016/09/30
6%
2%
5%
4%
1%
3%
2%
1%
-1%
0%
-1%
-2%
-2%
Eurozone
Italy
Source: OECD
Germany
Spain
*As of 2016/09/30
France
Eurozone
Italy
Germany
Spain
France
Youth Unemployment
30%
70
25%
60
20%
50
40
15%
30
10%
20
5%
10
0%
Eurozone
Italy
Source: OECD
Germany
Spain
*As of 2016/09/30
France
0
2006 2007 2008 2009
2010
2011
2012
2013
2014
EU
Italy
Germany
Spain
France
Greece
Billion $
Net Export
600
500
400
300
200
100
0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
-100
-200
Eurozone
Italy
Germany
Spain
France
Import as % of GDP
50%
50%
40%
40%
30%
30%
20%
20%
10%
10%
0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Germany
France
Italy
Spain
Source: OECD
0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Germany
France
Italy
Spain
*As of 2016/09/30
Data as of 2015
50%
14%
9%
8%
Import by products
11%
Data as of 2015
10%
8%
57%
8%
6%
Computer, electronic
and optical products
Chemicals and
chemical products
Machinery and
equipment n.e.c.
Crude petroleum and
natural gas
Other
42460 42277 42094 41912 41729 41547 41364 41182 40999 40816 40633 40451
42551 42369 42185 42004 41820 41639 41455 41274 41090 40908 40724 40543
Germany
Source: Bloomberg
Data as of 2016/06/30
France
Italy
Spain
Others
10
Data as of 2015
12
Nord
Economically
Advantaged
Underground economy, which by some
estimates accounts for as much as
17% of GDP.
Constitutional referendum will be held
on 4 Dec, which may lead to
Eurosceptic party wield power
As a main entrance of refugee, Italy
has about 1 M refugee population
Source: World bank, Wikipedia
Data as of 2015
Mezzpgiorno
Economically
Disadvantaged
13
70
60
50
40
30
20
10
0
4%
30%
3%
25%
2%
20%
1%
15%
0%
10%
-1%
5%
-2%
0%
-3%
2010
Germany
France
US
UK
Switzerland
Export(L)
14
15
16
Source: Forbes
Data as of 2015
Motorcycle Manufacturing
Total Market 3.7B
Sales
17
Europe
68.3%
Vehicles
17.9
%
France
15.7%
Machines,
engines, pumps
8%
Germany
11%
Oil
6.5%
Italy
7.4%
Electronic
equipment
5.7%
UK
7.4%
Pharmaceuticals
4.1%
Data as of 2015
18
19
20
%
60
Unemployment rate
Total
48.3
50
15
40
10
30
19.5
20
10
0
20062007200820092010201120122013201420152016
Source: Eurostat(L),INE(R)
Data as of 2016/08
Data as of 2Q 2016
20
Tertiary education outcomes are not fully aligned with the labor market needs and
cooperation between university and business remains low.
Newly signed temporary and permanent contracts Skills mismatch and unemployment rate
21
Data as of 2015
France
USA
Germany
EURO AREA
Italy
#REF!
Spain
UK
France
Germany
Italy
Japan
Spain
UK
USA
EURO AREA
20
18
120
16
100
14
12
80
10
8
60
6
4
40
2
20
2008
2009
2010
2011
2012
2013
2014
2015
0
2008
2009
2010
2011
2012
2013
2014
2015
2015
2014
2013
2012
2011
2010
1.00%
0.80%
0.60%
0.40%
0.20%
0.00%
1
Source: ECB
9 10 11 12
Source: IMF
World
DB reported a gross notional
derivative exposure of 42trn
at the end of 2015.
Relative to its European peer,
DBs net derivative amounts
(incl netting and collateral) is
higher.
bn
Source: CIQ
*As of
Confidence-sensitive liabilities
2007
(m)
Deposits
457,946
Repurchase Agreements
363,684
Payables from Prime Brokerage 39,944
Commercial Paper
31,187
Source: Company Report
1H16
Change
565,645
61,406
33,132
9,327
24%
-83%
-17%
-70%
Equity
Capital Markets
Retail Deposits
Transaction Banking
Stable Funding Sources
Other Customers
Unsecured Wholesale
Secured Funding and
Shorts
Financing Vehicles
Less stable funding
sources
Total external funding
bn
62
146
307
195
710
71
62
147
%
6
15
31
20
72
7
6
15
3
283
0
28
993
100
DBs liquidity
reserves
BMPSs Crisis
BMPSs gross bad
loans
amounts
to
46.9 billion which is
one-third
of
total
assets.
BMPS
had
the
greatest difficulty out of
51 of Europe's top
banks between now
and 2018 in adverse
economic conditions.
Source: CIQ
*As of
Conclude