Sunday, October 2, 2016

Most Read on Bloomberg: Deutsche Bank Turmoil, Clinton and Trump

 Cryan Defends Deutsche Bank as Some Clients Pare Back Exposure
(Bloomberg) -- Deutsche Bank AG Chief Executive Officer John Cryan rushed to shore up confidence in his beleaguered lender after concern some clients are reducing exposure to the company pushed shares to record lows.

2. Bonds Rally, Stocks Drop Before Debate as Deutsche Bank Tumbles
(Bloomberg) -- Traders bracing for a heated U.S. presidential debate tonight had another element to contend with -- a selloff in global banks.

More from Bloomberg.com: This Chart Predicts Trump Will Win, Unless the S&P Rallies in October

3. In Greenwich, That $250,000 Mercedes Isn’t the Hit It Was
(Bloomberg) -- The lonely $250,000 S-Class coupe at Mercedes-Benz of Greenwich says it all. For six months, it’s been sitting in the showroom, shimmering in vain while models priced at only $70,000 fly out the door.

4. Clinton, Trump Draw Stark Contrasts With Sharp Debate Attacks
(Bloomberg) -- Hillary Clinton and Donald Trump leveled sharp and personal charges and counter-charges over trade, the U.S. economy, race and foreign policy in their first face-to-face debate, an event that put on display their starkly different personalities and visions of the nation’s future.

More from Bloomberg.com: Secret Alpine Gold Vaults Are the New Swiss Bank Accounts

5. Trump Allies Move to Stem Damage From Strong Clinton Debate
(Bloomberg) -- Republican presidential nominee Donald Trump’s team scrambled Tuesday to stem political damage from his first debate with Democrat Hillary Clinton as he claimed unfair treatment and renewed his criticism of a Latina pageant contestant that had drawn attacks from Clinton.

6. Deutsche Bank Strives to Quell Capital Concern, Sells U.K. Unit
(Bloomberg) -- Deutsche Bank AG, eager to turn a tide of pessimism that drove its stock to record lows, dismissed speculation it will have to raise capital and announced the long-awaited sale of a U.K. insurance business for 935 million pounds ($1.2 billion).

More from Bloomberg.com: Cryan Defends Deutsche Bank as Some Clients Pare Back Exposure

7. Stocks Fall as Deutsche Bank Woes Roil Lenders; Treasuries Climb
(Bloomberg) -- Stocks fell, while Treasuries climbed as mounting concern over Deutsche Bank AG’s finances roiled global lenders. Oil extended its surge.

8. Oil Soars on OPEC Plan to Cut Output, Fueling Stocks; Bonds Fall
(Bloomberg) -- Oil surged the most since April as OPEC agreed to a preliminary deal that will trim output for the first time in eight years. Stocks climbed, while Treasuries fell.

9.  Stocks Climb as Treasuries Fall on Deutsche Bank’s Speculation
(Bloomberg) -- Risk appetite returned to global markets on speculation Deutsche Bank AG will pay less than half of a penalty sought by the U.S., sparking a rally in stocks and sending Treasuries tumbling.

10. U.S. Bond Market’s Biggest Buyers Are Selling Like Never Before
(Bloomberg) -- They’ve long been one of the most reliable sources of demand for U.S. government debt.

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