Deutsche Bank to Pay $1.9B to Settle Mortgage Suit
Dec. 20 (Bloomberg) -- Deutsche Bank AG will pay 1.4 billion euros ($1.9 billion) to settle allegations it didn’t provide adequate disclosure about mortgage-backed securities to Fannie Mae and Freddie Mac. Betty Liu reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
57:25 - 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)