US bank profits surge, Deutsche Bank recovers, Suez Canal officials seize ship

Three of the largest US banks beat profits expectations on Wednesday on the back of a strengthening US economy, and Egyptian authorities have seized the container ship that blocked the Suez Canal as they seek compensation of more than $900m from the Ever Given’s owners. Plus, the FT’s deputy editor, Patrick Jenkins, discusses Deutsche Bank’s turnaround after years as the “sick bank of Europe.” Boom on Wall Street powers US bank profits https://www.ft.com/content/5cc8f198-345f-4a21-997f-acc841c7b39b Deutsche Bank dodges bullets and goes mainstream https://www.ft.com/content/0c478d11-6ed2-4c68-870d-3d0e97f76745? Ever Given seized as Egyptian authorities seek $900m compensation https://www.ft.com/content/25b347bc-4c03-464a-b6c3-ed72bacc12e2? Ponzi mastermind Bernard Madoff dies aged 82 https://www.ft.com/content/e88fdde2-440a-4a77-8a20-d2116309d84a Hosted on Acast. See acast.com/privacy for more information.