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10 things you need to know in markets today

Good morning! Here's what you need to know in markets on Friday. The pound plummeted overnight in a suspected "flash crash." Sterling continues to suffer, falling as much as 6% against the dollar in Asian trade. The pound is down 1.43% to $1.2437 at the time of writing (6.17 a.m. BST/1.17 a.m. ET) and down 1.11% against the euro to €1.1187. Deutsche Bank is in informal talks with securities firms to explore options including raising capital should mounting legal bills require it, Bloomberg reported on Thursday.
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