Bloomberg Investors that didn’t profit from the equity rally in January, missed out on most of the returns for the year, according to Goldman Sachs Group Inc. strategists. “The dislocation at the outset of the year — when markets had overpriced the slowdown — has almost disappeared,” said the strategists led by Sharon Bell. “The rally we expected has happened …

Bloomberg Christian Sewing’s options for turning around Deutsche Bank AG are shrinking. After an eighth straight quarter of declining revenue, reaction from investors and analysts suggested that the cost cutting at the heart of the chief executive’s strategy won’t be enough to keep markets at bay. “I can hardly see a future for Deutsche Bank as long as there’s no …

Bloomberg The People’s Bank of China (PBOC) has set up a department to oversee and eliminate financial risks, as part of its restructuring of departments and personnel. The PBOC established the macro-prudential management bureau to draft rules, monitor and handle financial systemic risks, and to advise on currency issues including yuan convertibility, according to a statement published by the State …