Deutsche Bank AG, Germany's biggest bank, is ``confident of delivering'' on its profit targets for next year and beyond, Chief Executive Officer Josef Ackermann told investors today, according to presentation slides. The bank aims to boost pretax profit, excluding one-time gains and costs, to 8.4 billion euros ($11.6 billion) next year, the Frankfurt-based company said in a presentation posted on its Web site. Deutsche Bank also aims to maintain pretax return on equity at 25 percent while raising earnings per share by at least 10 percent a year ``over the cycle,'' it said. Deutsche Bank may be the hardest hit among European securities firm by the fallout from rising U.S. subprime mortgage defaults, JPMorgan Chase & Co. analysts said last week, cutting earnings estimates for the bank. Ackermann said last week that financial markets are stabilizing after ``turbulent'' conditions in August crimped trading revenue. http://www.bloomberg.com/apps/news?pid=20601087&sid=apz_DXI.LqwU&refer=home I like Deutsche Bank ! I have been a buyer the last couple of days and will buy more !