FRANKFURT Jan 29 Deutsche Bank said
it was well positioned to lead consolidation in the European
banking sector from 2015 onward, and that it would meet its
ambitious restructuring targets set for that same year.
Seeking to reassure investors that its painful revamp was on
track, Germany's flagship lender affirmed on Wednesday that it
would cut back its balance sheet and reduce costs while
improving returns and the performance of its core business.
Deutsche Bank shocked investors last week by revealing a
worse-than-expected loss in the fourth quarter.
(Reporting by Arno Schuetze and Tom Atkins; editing by Edward