Deutsche Bank Loss Exceeds Estimates on Costs
Jan. 31 (Bloomberg) -- Bloomberg's Guy Johnson reports that Deutsche Bank AG posted a fourth-quarter loss that exceeded estimates after the company eliminated more than 1,400 jobs and set aside one billion euros ($1.35 billion) for legal expenses. He speaks on Bloomberg Television's "On The Move."
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
35:53 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)