Deutsche Bank is a victim of its own success as it hikes cost guidance - MarketWatch

1. Deutsche Bank revises cost-to-income target, now aiming below 65%. Previous target was below 62.5%. 2. Shares fell 6%, reflecting investor dissatisfaction with new cost projections. 3. Profit plunged 92% in Q4, but adjusted revenue beat expectations. 4. Investment bank revenue grew 30%, raising compensation cost concerns. 5. Stock buyback plan of €750 million fell short of investor expectations.