Deutsche to deleverage 28 April 2015 4:58PM Ian Rogers Germany's Deutsche Bank overnight outlined details of a shake up of its business that centres on its European roots.One goal outlined is to "rationalise its geographical footprint by exiting or reducing its presence in some countries," a stance bound to stir conjecture over real priorities in many local markets.The keyword Asia did not appear anywhere in the bank's announcement, which did open with a line on "reaffirming a commitment to being a leading global bank based in Germany."The sale of the Postbank subsidiary is one pillar of the plan.Its investment banking business is being scaled back. It will "deleverage to build a more focused investment bank, with a planned gross leverage reduction of approximately €200 billion and redeployment of €50 billion to €70 billion in relationship-driven businesses," the bank said.Deutsche also spelled out five "medium-term financial ambitions", including increasing the leverage ratio to at least five per cent and "stabilising" the Basel III common equity tier one ratio at 11 per cent.