Deutsche Bank announces new goal, "Shift from defense to offense".

Deutsche Bank has announced its new profit and revenue targets for the next three years. Germany's largest bank is working hard to convince investors that its multi-year recovery process is still on track and able to compete with Wall Street giants. In the key elements of the plan announced on November 17, Deutsche Bank's goal is to increase the return on tangible common equity, a key profit indicator, to over 13% by 2028, higher than the current target of over 10%. This is in line with the 2028 target of French BNP Paribas but lower than that of Swiss banks at 18%.