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."
Kaisa Defaults on U.S. Dollar Debt
53:59 - Shenzhen developer Kaisa has become the first real estate company in China to default on U.S. dollar debt. Bloomberg’s Christine Hah reports on “First Up.” (Source: Bloomberg)
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