Top Headlines: King Pessimistic on Euro-Area Crisis
Bank of England Governor Mervyn King said his vote for more stimulus this month reflected his concern on a deteriorating global economic outlook at a time when he’s pessimistic that Europe’s debt crisis can be resolved.
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Deutsche Bank Faces Deeper Cuts on Profit Surprise
34:33 - Deutsche Bank reported second-quarter profit that suffered from slumping trading revenue and costs related to job cuts. Bloomberg's Eliza Martinuzzi examines the results and what they could mean for other European banks on "Bloomberg ‹GO›." (Source: Bloomberg)