Nobody expects Deutsche Bank AG to set the world alight when it reports first-quarter results on Thursday — the lender has already warned that profit will be hit by adverse currency movements and higher funding costs. But it’s a perfect time for new CEO Christian Sewing to front-load the bad news and announce some bold decisions. That means taking the ...

Eastern Europe has been on the receiving end of European Union largesse ever since it joined the bloc. But eastern members likely have a big fight on their hands as the bloc’s establishment attempts to link further aid to compliance with its vision of European values. There are many fault lines in Europe, but when it comes to battles over ...

Bloomberg Europe is struggling to agree on how to tackle money laundering in the wake of high-profile scandals in the Baltic region. Latvia, grappling with the aftermath of its third-biggest bank being closed down, is calling for a pan-European approach to fighting dubious financial flows. While it has the support of other small states, it hasn’t convinced Germany, which argues ...