Deutsche Bank reports 10% profit rise in first quarter, beating expectations
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Cruise operator Viking shares rise 9% in New York debut
Viking opened at $26.15 compared with its initial public offering (IPO) price of $24 in a stellar debut, amid a rebound in stock market listings and at a time when cruise stocks have delivered outsized returns. Norges Bank Investment Management, which manages the Norwegian Government Pension Fund and ranks among one of the largest sovereign wealth funds in the world, indicated that it wants to buy up to $100 million in ordinary shares in the offering, Viking said in a filing last week.