Working hard to regain clients' trust: Deutsche Bank

Anshu Jain, co-chief executive officer of Deutsche Bank spoke exclusively to CNBC-TV18 about the bank's clean up mission . Remember, yesterday, the bank posted a dismal set of fourth quarter numbers after setting aside four billion dollars to settle litigations. Jain said that clients have lost trust in the bank and the banking system and they are working hard to win it back.

Assuring clients, Jain said, "This is our assessment of what we think the future of our litigation settlements will be. It is our estimate for what the carrying values on the impairments needed to be and ofcourse the de-risking in the non-core bank, which is a straight loss from selling securities. I would not characterise it as the worst case scenario and I would think the market reaction, which we have been watching this morning, is really driven by a core tier one capital story which is, understandably, the number one question everyone asks."

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