March 19, 2019

German lawmakers challenge deputy finance minister’s Goldman link in bank merger

German lawmakers on Monday criticized deputy finance minister Joerg Kukies and Goldman Sachs, alleging a conflict of interest in the U.S. investment bank advising state-backed Commerzbank […]
March 19, 2019

Merkel: Won’t take stand on possible Deutsche Bank/Commerzbank merger

German Chancellor Angela Merkel said on Tuesday only Deutsche Bank and Commerzbank could decide whether they wanted to merge, making clear she would not take a […]
March 19, 2019

German economic advisor opposed to Deutsche, Ccommerzbank merger

An economic advisor to the German government, Isabel Schnabel, said on Tuesday she strongly advised against a possible merger of Deutsche Bank and Commerzbank. Powered by […]
March 19, 2019

HSBC promotes 1300 staff as investment bank overhaul gathers pace: memo

HSBC is stepping up a root-and-branch overhaul of its global banking and markets division, naming 83 new managing directors in a 1,300-strong promotions spree aimed at […]
March 19, 2019

Standard Life Aberdeen wins 100 billion stg mandate dispute against Lloyds

Standard Life Aberdeen has won a legal battle to stop Lloyds Banking Group from terminating a 100 billion pounds ($132.75 billion) investment management contract three years […]
March 19, 2019

Asian shares steady as Fed looms, May’s Brexit deal in chaos

Asian shares held to tight ranges on Tuesday ahead of a Federal Reserve policy meeting, but were broadly supported near 6-1/2-month highs on expectations the U.S. […]
March 19, 2019

Philippines rejects Go-Jek appeal against ride-hailing license ban

Indonesian ride-hailing firm Go-Jek lost an appeal on Tuesday against the Philippines’ decision to refuse to grant it a license due to its failure to meet […]
March 19, 2019

Riding with ‘Uncle Diego’: Uber’s wild drive for growth in Chile

The Uber driver pulled up to the international airport outside Chile’s capital. As his passenger jumped into his gleaming Suzuki, he glanced around furtively for signs […]
March 19, 2019

Hyundai Motor, Kia to invest $300 million in India’s Ola

South Korean automakers Hyundai Motor Co and Kia Motors Corp will together invest $300 million in Indian ride-hailing platform Ola, playing catch-up in the global race […]
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