Deutsche profit warning, Labour vs the banks, and Davos previewed

Patrick Jenkins, financial editor, is joined by Daniel Schäfer for news of the challenges facing Deutsche Bank in 2014, where weak fixed income trading and high litigation costs have brought about a substantial profit warning. Sharlene Goff outlines Ed Miliband’s aggressive plans to break up the big four UK retail banks, and Martin Arnold, the new banking editor, looks ahead to Davos where banking heavyweights will be hoping for a scandal-free 2014 and time to focus on growth