FRANKFURT — Sentiment among investors in Germany improved sharply in October, the ZEW economic institute said on Tuesday, lifting the indicator out of its post-Brexit doldrums.ZEW’s headline investor confidence index hit 6.2 points in October, an increase of 5.7 points over September and beating the four points analysts surveyed by Factset had predicted.The barometer remains well below its long-term average of 24.1 points.The result was "very positive, and points to a thoroughly robust development of the business cycle", ZEW president Achim Wambach said in a statement.But Wambach warned of "a few political and economic risks" that could still be weighing on the index, including "dangers for the German banking sector".German and global investors have eyed Deutsche Bank, the country’s biggest lender, with concern in recent weeks as it negotiates with the US Department of Justice over a $14bn fine demand.But other banks in Europe’s largest economy are struggling too, complaining of the...
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