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Deutsche Bank settles long-running Postbank acquisition dispute for less than anticipated, boosting shares. The case highlights the unpredictable nature of legal risks in banking valuations.
India's monetary policy committee prepares for its last meeting before member changes. With inflation concerns and upcoming leadership transitions, the central bank faces crucial decisions.
European stocks fell as LVMH's weak Q2 sales hit luxury sector. Tech shares slumped following poor U.S. earnings, while mixed corporate results and stalled Euro zone growth added to market caution.
Deutsche Bank reported its first quarterly loss in four years, attributed to a 1. 3 billion euro legal provision. The loss broke a 15-quarter profit streak and led to a 7% drop in shares.