Deutsche Bank Busted by Fed for Breaking Volcker Rule

Deutsche Bank has been hit with the Federal Reserve's first major fine for breaking the Volcker rule on risky market bets. Bloomberg's Michael Moore reports on "Bloomberg Markets: European Open." (Source: Bloomberg)

El-Erian Says Fed Was Right in Hiking Rates
59:38 - In today's "Morning Must Read," Bloomberg’s Francine Lacqua highlights comments from Bloomberg View Columnist Mohamed El-Erian on Federal Reserve monetary policy. She speaks with Brian Coulton, chief economist at Fitch Ratings, and Mark Gilbert, columnist at Bloomberg Gadfly, on “Bloomberg Surveillance.” (Source: Bloomberg)
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