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)

Did Kuroda's Radical Policy Knowingly Disappoint?
33:33 - The Bank of Japan’s most anticipated policy announcement in years left investors underwhelmed, sparking a surge in the yen and sending government bonds and emerging-market stocks lower. Japan’s currency rallied against all of its 31 major peers after the BOJ kept its government-bond buying target and policy interest rate unchanged, opting instead to increase exchange-traded fund purchases. Mitsubishi UFJ Chief Economist Brendan Brown discusses with Bloomberg's Francine Lacqua on "The Pulse."
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