Deutsche Bank Posts Quarterly Loss on Legal Costs
Oct. 29 (Bloomberg) -- Deutsche Bank AG, Germany’s biggest lender, posted a loss in the third quarter after setting aside 894 million euros ($1.1 billion) to cover the costs of settling investigations of past wrongdoing. The bank yesterday named Goldman Sachs Group Inc.’s Marcus Schenck to succeed Stefan Krause as chief financial officer in May. Hans Nichols reports on Bloomberg Television's "Countdown" with Anna Edwards and Mark Barton. (Source: Bloomberg).
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Infosys CEO Resigns After Criticism From Founders
21:32 - Infosys Ltd. Chief Executive Officer Vishal Sikka has stepped down following criticism from the company’s founder. Chief Operating Officer Pravin Rao will become interim CEO. Bloomberg's Caroline Hyde reports on "Bloomberg Technology." (Source: Bloomberg)