Which is the cheapest city for a date? Where will you spend most on a 3-bed rental? And what does Liam Gallagher have to do with one of our latest reports?

Today we’re spotlighting our annual Mapping the World’s Prices report, produced by the Deutsche Bank Research Institute. Every year, it looks at the global price trends reshaping travel, spending and investment.

In an episode of our Podzept podcast, Jim Reid, Head of Macro and Thematic Research, talks with thematic strategist Adrian Cox about the latest report and shares his thoughts on future price rankings.

Podzept is Deutsche Bank's regular chat with research analysts about their views on what's driving the world of economics and finance https://www.dbresearch.com/PROD/IE-PROD/Podzept_Podcast_series/PODCASTS.alias

Read the full report on the Deutsche Bank Research Institute https://www.dbresearch.com/PROD/IE-PROD/PDFVIEWER.calias?pdfViewerPdfUrl=PROD0000000000633223&rwnode=REPORT

And head to the Institute’s website for more analysis on topics across geopolitics, macroeconomics, technology, and the evolving corporate landscape https://www.dbresearch.com/PROD/RI-PROD/Research_Institute/HOME.alias

00:37 – The biggest surprise from this year's report

04:20 – Rankings of financial centres such as London, New York and Frankfurt, plus new entries for “quality of life”

08:31 – US rankings and results of the famed “Cheap date index”

13:06 – Jim explains the “Oasis” index and unpacks what this year’s results might mean for investors

17:24 – Adrian quizzes Jim on the results

It’s a challenge many established banks face - modernising the technology their business relies on without disrupting the business itself. Even more so as rapid advances in AI, cloud computing and digital innovation continue to reshape financial services.

At Deutsche Bank, we undertook a major transformation of our technology landscape, simplifying systems and accelerating innovation. The person leading that effort has been our outgoing Chief Technology Officer, Bernd Leukert. In this episode, Bernd reflects on Deutsche Bank’s technology transformation journey, from bank systems modernisation to AI in banking, and shares how he thinks innovation will shape the future of financial services.

01:10 – Recent shifts in the tech landscape and the players within it

05:48 – The opportunities Bernd saw when arriving at Deutsche Bank and the story behind our partnership with Google

19:20 – AI in banking: where are we and what comes next, plus what it means for cybersecurity

30:08 – What Bernd is dedicated to in his daily life

Our Technology Transformation

https://www.db.com/what-we-do/focus-topics/tech/index?language_id=1

Deutsche Bank website http://www.db.com

If you’d asked investors a few years ago about Deutsche Bank, the answer might have been cautious at best. Fast forward to today, and the story looks very different.

Someone who has been central to that shift is James von Moltke, our outgoing President and former Chief Financial Officer. Alongside CEO Christian Sewing, James helped launch the bank’s turnaround in 2019, steering it from underperformance and waning investor confidence to record results and ambitions to become European champion.

In this episode of This is Deutsche Bank, James offers a first-hand perspective of that turnaround. Host Michael Steen also asks him his thoughts on the next chapter for Deutsche Bank and for banking, as well as for career advice to any budding bankers listening in.

02:02 – James’ background and why he chose to join Deutsche Bank at such a challenging time

05:30 – Inside Deutsche Bank’s transformation, James’ first-hand perspective of it and the task of rebuilding trust

11:11 – What’s next for the banking industry given the major geopolitical and technological shifts currently underway

19:16 – James’ tips for any budding bankers

Deutsche Bank website http://www.db.com

Many companies have embarked on finding their purpose – the reason for their existence – and that includes us at Deutsche Bank. That’s all well and good – but how do you actually bring those words on paper to life in everything you do?

In this special episode of This is Deutsche Bank, our CEO Christian Sewing joins host Ben Alka to discuss:

• why purpose is so important, especially for large global organisations
• how employees can put our purpose into action in their everyday work
• the relevance of our purpose for the economy and society

01:30 – Why Deutsche Bank embarked on a journey to be purpose led, the pivotal moments along the way and making it tangible for our 90,000 people worldwide

06:55 – How our purpose feeds into the external perception of Deutsche Bank, particularly in society, plus concrete examples of it in action

15:35 – What purpose-led leadership means to Christian

What Deutsche Bank stands for https://www.db.com/who-we-are/index?language_id=1&kid=our-purpose.ghp-en.who-we-are

Deutsche Bank website http://www.db.com

Global oil prices are fluctuating wildly, driven by the war in the Middle East and disruption in the Strait of Hormuz. Despite a ceasefire deal being announced, uncertainty remains.

In this episode – recorded on 1 April 2026 – we take a step back and unpack what moves oil prices and how the global oil market works. Chris Kenny, our Head of Energy Trading, and Michael Hsueh, Senior Research Analyst at Deutsche Bank, join host Michael Steen to discuss all this and more.

01:42 – How the global oil market works and oil prices are set

04:46 – The ongoing disruption in the Strait of Hormuz, its impact on prices and the wider economy, and how it compares to previous oil crises

10:26 – Our role as an investment bank in the oil market and the support clients are looking for in this highly volatile environment

14:33 – How the oil market has changed over the years and our guests’ thoughts on the impact that today’s crisis might have

29:08 – What our guests are dedicated to in their daily lives

Deutsche Bank website http://www.db.com

Deutsche Bank Research Institute Deutsche Bank Research Institute

Precious metals have long been seen as a store of value – gold once backed currencies and central banks still store bullion in their vaults. In times of uncertainty, these metals often move to the centre of financial markets. Right now, they’re doing exactly that – although not exactly the way you might think.

In this episode, Michael Hsueh, Senior Research Analyst, and Rob Abel, from our Metals Sales and Structuring team, join host Michael Steen to talk all about the market for precious metals. How does it work? What’s driving the gold and silver price right now? And is this rally just another cycle - or part of something much bigger?

01:45 – What the four precious metals are and how the global market works.

05:47 – What has happened to the price of gold and silver in recent months, what has been driving those developments and what has it meant for the idea of gold as a safe haven.

13:59 – The day-to-day workings of the precious metals market – who is buying gold and silver across the world, what clients can do in the face of price volatility, and how metals trading has changed over the years.

21:40 – What might come next

25:37 – What our guests are dedicated to in their daily lives

Deutsche Bank website http://www.db.com

Artificial intelligence is reshaping the world of risk management - transforming how banks assess information, detect threats and serve clients. But if you're trying to manage your bank's risk, it has some clear downsides as well as upsides.

In this episode of This is Deutsche Bank, Marcus Chromik, Chief Risk Officer and Management Board member, speaks to host Michael Steen about why he thinks AI is set to change the risk function more profoundly than past crises and where the human fits into all of it.

01:17 – What being a Chief Risk Officer entails and how AI is transforming the risk function

06:08 – How we are using AI at Deutsche Bank, such as in credit analysis, and what this shift means for recruitment and the skillsets needed to work in banking

13:49 – How to handle the risks that we see from AI in banking and the importance of keeping the human in the loop

18:54 – Fostering the right risk culture in the AI era and what the divergences in the regulatory approaches across the globe mean for AI use in a global bank.

22:12 – What Marcus is dedicated to in his daily life

Deutsche Bank website http://www.db.com

Confidence in public pension systems is falling across Europe, and many people are worried about whether the money they’re paying in today will be there when they retire.

In this episode of "This is Deutsche Bank," Christian Nolting, Global Chief Investment Officer for the Private Bank, and Raffael Gasser, Head of Wealth Management Germany, join host Michael Steen to explore:

• why many feel uncertain about their financial future
• how we can ensure we’re saving enough for retirement
• what else can be done to bridge the pension gap

01:41 – The different kinds of pensions systems out there

03:14 – What the German public thinks about the state of the pension system and their own retirement provisions

08:33 – Why – despite being worried about their provisions – people don’t take action and what can be done to support that, plus the benefits of investing your pension and what we can learn from systems beyond Germany

19:15 – What Christian and Raffael are dedicated to in their daily lives

Deutsche Bank and DWS Retirement Provisions Report 2025 (in German only) „Altersvorsorge-Report 2025“ von Deutsche Bank und DWS

Deutsche Bank website http://www.db.com

The geography of trade is shifting. And it’s not just tariffs. Over the past few years, a variety of factors have prompted countries to explore new corridors and partnerships. Nowhere is this change more evident than in Asia. Amid these shifts, what role can the region take on? Where does Europe fit into it all? And how can banks support those navigating the changes? 

On This is Deutsche Bank, host Michael Steen sits down with Alexander von zur Mühlen, CEO for Asia Pacific, Middle East and Africa, Europe and Germany and Management Board member, who shares his view on the developments shaping the global economy right now. 

01:32 – The origins of Deutsche Bank’s story in Asia

03:12 – The role of Asia Pacific in today's global economy and how it is changing amid shifting trade dynamics 

08:57 – Where Europe comes into it all, and what it means to operate as a European bank in Asia right now 

13:58 – What Alexander is dedicated to in his daily life 

Deutsche Bank website http://www.db.com  

Emerging markets now account for nearly half of global GDP - a dramatic leap from just 25 years ago. Despite recent global shocks, 2025 has been one of the best years on record for returns in these markets. What’s behind this recent rise? Which factors could impact what happens next? And how can banks support their economic and sustainable development? 

On This is Deutsche Bank, host Charlie Olivier explores the dynamic world of emerging markets together with Esra Turk, our Global Head of Sustainable Finance for the Investment Bank, and Oliver Harvey, who heads up FX Research for Central and Eastern Europe, Middle East and Africa, and Latin America. 

01:27 – The mood in emerging markets at the moment, why 2025 has been a record year for them and what might come next 

05:43 – Sustainable development in emerging markets – which sectors are our clients most focused on and how some of these areas work in practice 

09:18 – How banks support economic and sustainable development in emerging markets 

10:57 – Our guests’ career paths and what they are dedicated to in their daily lives 

Overview of Deutsche Bank Research’s Emerging Markets Handbook: dbresearch.com/PROD/RI-PROD/PDFVIEWER.calias?pdfViewerPdfUrl=PROD0000000000606753

Deutsche Bank Research Institute: Research Institute

Deutsche Bank website: https://www.db.com