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Jan. 26 (Bloomberg) -- Deutsche Bank AG’s Anshu Jain, who is taking over as co-chief executive officer at the end of May, said 2012 is starting “on a mildly better note” than 2011 ended. A lot of bad news is already “priced in,” the head of the firm’s investment bank said in an interview with Bloomberg Television today at the World Economic Forum in Davos, Switzerland.
To contact the reporter on this story: Erik Schatzker in New York at eschatzker@bloomberg.net
To contact the editor responsible for this story: Nicholas Comfort at ncomfort1@bloomberg.net