Deutsche Bank is confident it can reach its profitability targets for 2015 despite reporting a surprise loss of almost 1.2 billion euros ($1.56 billion) in the fourth quarter of 2013, the bank's co-chief executive told CNBC.
"2015 is highly achievable as the legacy issues drain away and frankly our task of re-platforming the bank is concluded," Anshu Jain told CNBC on Wednesday.
His comments come ten days after the bank posted the surprise loss and said it expected 2014 to remain challenging due to litigation costs, restructuring and balance sheet reduction.
Despite the disappointing figures, Jain said it was important to "keep in mind we just completed our second best core operating year ever. So the problem has not been in the underlying performance of the bank."
"Unfortunately we have had to spend a great deal of money yet again in 2013, on litigation, on replatforming, and on certain accounting issues," Jain said.
(Read more: Deutsche Bank tumbles, warns of 2014 headwinds)
Despite the loss, chief financial officer Stefan Krause told reporters at the group's news conference on Wednesday that the bank was proposing a full-year dividend of 0.75 euros, in line with 2012.