Bloomberg Deutsche Bank AG Chief Executive Officer (CEO) Christian Sewing says showing skeptical analysts he can hit revenue targets is the lender’s next big challenge after convincing the market on cost and capital goals. Speaking at a conference in Frankfurt, Sewing re-affirmed a target of making a pretax profit this year, even though the bank is expected to make a ...

Bloomberg New Zealand central bank (RBNZ) Governor Adrian Orr signalled his intent to continue to loosen monetary policy as required, saying he’s determined to head off unnecessarily low inflation or even deflation. While persistently low interest rates could lead to undue risk-taking and pose financial stability risks, Orr said these were outweighed by the damage that stagnant or falling prices ...

Bloomberg Former European Central Bank (ECB) President Mario Draghi urged governments to channel stimulus funds toward sectors that can create new jobs for young people rather than spending money to defend the status quo. “Subsidies will have to go down but at the same time jobs will be created,” Draghi said at an online event. “It’s very good if the ...