Bloomberg Banca Monte dei Paschi di Siena SpA, the state-rescued Italian bank, fell in Milan trading after it reported a fourth-quarter loss on weak revenue and restructuring costs. The shares were down 2.8 percent at 3.72 euros as of 9:55 a.m. The stock, which returned to trading on October 25 after an 10-month suspension, is now valued more than 43 ...

Bloomberg Peter Selman, hired out of retirement by Deutsche Bank AG to turn around Wall Street’s worst-hit equities business, wants to tap universities rather than rivals to do so. “We certainly have holes to fill and we’re hiring,” Selman, an ex- Goldman Sachs Group Inc. partner who joined the German lender in November, said in a phone interview. “But we’re ...

Bloomberg Airbus SE said almost a third of its Pratt & Whitney-powered A320neo aircraft are affected by a new engine glitch that has forced the European planemaker to halt some deliveries of the popular narrowbody jet. Of the 113 Pratt-powered aircraft in operation worldwide, about 30 percent are equipped with either one or two faulty engines, the planemaker said in ...