Category: We Talk News Biz

Pimco CEO El-Erian resigns

Pacific Investment Management Co. will have a new head as Mohamed El-Erian unexpectedly resigned from the top job. While a succession plan was detailed, no reason was given for his departure. Tom Lauricella, Julie...

Deutsche Bank posts loss

Deutsche Bank shocked the market with its surprise week-early earnings announcement, which was more than a $1 billion loss. The Wall Street Journal had this story by Ulrike Dauer, David Enrich and Eyk Henning:...