Deutsche Bank Q4 Profit Falls
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Deutsche BankCNBC
•Business
Business & Economics
Deutsche Bank posts steeper-than-expected Q4 profit fall and scraps cost target

75% Informative
Legal provisions weighed on the bottom line at Germany 's largest lender Deutsche Bank , with litigation costs over the fourth quarter coming in at 594 million euros.
Net profit attributable to shareholders hit 106 million euros ( $110.4 million ) over the period, compared with a 282.39-million-euro forecast.
The bank said it now targets a cost-income ratio of below 65% this year .
Despite drop in quarterly profit, Deutsche Bank also launched a 750 million -euro share buyback.
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