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Deutsche '08 forecasts assume "normal markets"

Thu Nov 8, 2007 3:42pm EST

Reporter's Notebook

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LONDON (Reuters) - Deutsche Bank (DBKGn.DE: Quote, Profile, Research, Stock Buzz) expects to hit its profit target for next year assuming "normalized markets", its chief executive Josef Ackermann reiterated on Thursday.

"I mean. Not markets like we had in August and September but somewhat back to the 2005 and 2006 levels. If you have this kind of liquidity back in the market I am pretty confident we can deliver," said Ackermann at the Reuters Finance Summit.

(Reporting by John O'Donnell; Editing by Andrew Callus)

 
 
 
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