Deutsche Bank said to lose as much as $60 mln over derivative trade- Bloomberg
June 27 Deutsche Bank is set to lose as much as $60 million over a trade linked to U.S. inflation, Bloomberg reported, citing people familiar with the matter.
WASHINGTON, April 29 President Barack Obama said on Wednesday that when he set out to become U.S. president he didn't anticipate he would find himself in the midst of the greatest economic crisis in decades.
Asked at a news conference to say what had surprised him about his early days in office, he said: "I am surprised, compared to where I started, when we first announced for this race, by the number of critical issues that appear to be coming to a head all at the same time," citing several issues including health care.
"Obviously I didn't anticipate the worst economic crisis since the Great Depression," he added.
(Reporting by Glenn Somerville)
BERLIN, June 27 German Chancellor Angela Merkel said on Tuesday that global trade was not a zero-sum game and that she would seek to establish a rules-based commerce system that benefits all, striking a compromising tone before a G20 summit next week.