Bloomberg Deutsche Bank AG is considering exiting US equities trading and creating a “bad bank” to wind down legacy assets as part of a broader overhaul to be announced next month, according to a person familiar with the matter. The bank’s supervisory board discussed options on a call last week, the person said, asking not to be identified in disclosing ...

Bloomberg Executive Board member Benoit Coeure said the European Central Bank will act if needed to support the economy and could even be facing such a decision within months. In a Financial Times interview, Coeure said most of the economic concerns relate to manufacturing, and may be temporary, but that signals coming from financial markets are “quite alarming.” The comments ...

Bloomberg Just as India’s banks emerge from under a pile of bad loans to large energy, steel and other industrial companies, they are facing a new reckoning from the accelerating crisis in the country’s shadow banking sector. A year after a series of defaults by Infrastructure Leasing & Financial Services Ltd. forced the government to intervene and exposed weaknesses in ...