After a stinging rebuke from shareholders at Thursday’s annual meeting, Deutsche Bank co-chief executives Anshu Jain and Jürgen Fitschen must quickly present details on their strategy for turning the bank around.
Hong Kong and Chinese regulators signed a deal allowing funds in both markets to be sold to investors on either side starting July 1, potentially allowing billions of dollars of cross-border investments in stocks and bonds.
The financial toll of the worst U.S. bird-flu outbreak in history is soaring. The fast-spreading virus has resulted in the deaths or extermination of at least 38.9 million birds. About 10% of the U.S. egg-laying flock has been wiped out.