(Bloomberg) -- Most Read from BloombergStocks Storm Back From 4% Rout to Close Higher: Markets WrapStocks Slump Anew as Fed, Russia Stoke Volatility: Markets WrapNvidia Quietly Prepares to Abandon $40 Billion Arm BidBiden Has ‘Great Meeting’ With European Leaders: Ukraine UpdateHong Kong Billionaire Loses Half Her Fortune on China ProbeDeutsche Bank AG turned the blame on an ex-client for crippling losses it suffered investing in risky foreign exchange derivatives the German lender sold.The bank
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergStocks Storm Back From 4% Rout to Close Higher: Markets WrapU.S. Futures Fall as Stocks Mixed on Fed, Earnings: Markets WrapBiden Has ‘Great Meeting’ With European Leaders: Ukraine UpdateHong Kong Billionaire Loses Half Her Fortune on China ProbeNasdaq Days Like This Once Were Common. During the Dot-Com CrashAustralia’s core consumer prices surpassed the midpoint
Deutsche Bank is expected to swing to a net loss when it reports fourth-quarter earnings on Thursday amid a slowdown in revenue at its investment bank, based on analysts' consensus estimates. A loss would be a setback for Germany's largest bank after reporting five consecutive quarters of profit through the third quarter, its longest streak in the black since 2012. But the loss is expected to be a blip in the bank's recent profit run rather than a sign of something more serious.