Bad Bank is Good for Deutsche Bank
Troubled Deutsche Bank is flushing out poor quality loans to a "bad bank" which allows them to improve the quality of their loan book and lend out more. The are also radically changing their business focus by abandoning the mission to be the "Goldman Sachs of Europe" and focusing more on the bread and butter corporate lending business.
Also, Samsung is facing challenges on many fronts: trade tensions affecting the chip business, more competition in the display business as well as overall structural issues in chaebols.
Presented by: Julian Ng, Sharidz Abdullah, Wong Shou Ning
Download the BFM mobile app. Stay at home and stay up-to-date.