Deutsche Bank Profit Rises on Trading Revenue
Deutsche Bank AG, Europe’s biggest bank, said third-quarter profit climbed after a rally in the bond and stock markets brought a surge in trading revenue. The shares jumped.
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The Plan to Turnaround Europe's Most Troubled Bank
54:53 - Marco Morelli, the newly appointed chief executive officer of Banca Monte dei Paschi di Siena SpA won patience from shareholders as he prepared to execute a turnaround plan. Speculation the lender was nearing a breakthrough in luring a marquee investor to its capital raising even helped the stock double from record lows. Morelli joined Anna Edwards and Manus Cranny on "Bloomberg Daybreak: Europe" to discuss his business plan.