Commerzbank Plans to Cut 4,000-6,000 Jobs by 2016

Jan. 24 (Bloomberg) -- Commerzbank AG, Germany's second-biggest bank, will cut 4,000 to 6,000 jobs over the next four years to reduce costs and meet a profit goal, according to an internal memo obtained by Bloomberg News. Mark Barton and Caroline Hyde report on Bloomberg Television's "Countdown." (Source: Bloomberg)

There's a Time to Bet on Deutsche Bank... But When?
37:40 - Frederick Lane, managing partner at Lane Generational of Raymond James, discusses the problems at Deutsche Bank, his current investment strategy, and the attractiveness of the U.S. equity market. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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