Why the DoJ May Make Deutsche's Boost Short-Lived
Deutsche Bank AG’s surprise third-quarter profit was overshadowed by Chief Executive Officer John Cryan failing to dispel concerns that uncertainty tied to a U.S. settlement will continue to linger. Net income was 256 million euros ($279 million) after a loss of 6.01 billion euros a year ago, the Frankfurt-based lender said on Thursday. That beat an average 394 million-euro loss forecast by 14 analysts in a Bloomberg News survey. Atlantic Equities Analyst Christopher Wheeler and Columbia Threadneedle EMEA CIO and Global Head of Equities Mark Burgess discusses Deutsche and Barclays' earnings with Mark Barton on "Bloomberg Surveillance."
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