Deutsche Receives Bafin Request to Simulate Split
Jan. 22 (Bloomberg) -- Bloomberg's Manus Cranny reports that Deutsche Bank AG was asked by the nation’s financial regulator Bafin to simulate a bank split based on proposals by the Liikanen group according to a person with knowledge of the situation who asked not to be identified because the matter is private. He speaks on Bloomberg Television's "The Pulse."
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Bini Smaghi: ECB Decision Won’t Be Related to Italy
43:10 - Lorenzo Bini Smaghi, chairman at Societe Generale, explains why public money may be necessary to solve the problems of Monte Paschi as he sees no contagion spreading at the moment from Italy to the rest of Europe. Bini Smaghi believes the Italian referendum will not impact this week's European Central bank decision. He speaks with Bloomberg's Francine Lacqua on "Bloomberg Daybreak: Americas." (Video updated to correct on-screen graphic.) (Source: Bloomberg)