December 23, 2019

Deutsche Bank to no longer pay for advice from Cerberus: source

Cerberus, one of Deutsche Bank’s largest shareholders, will no longer provide paid advice to the bank on how to run its business, a person with knowledge […]
December 23, 2019

Credit Suisse admits surveillance of second executive

Credit Suisse on Monday admitted it was behind instructions to carry out surveillance on a second executive, after dismissing a previous similar incident as an “isolated […]
December 23, 2019

The Yankees are coming! U.S. firms rush to euro debt markets

From Harley Davidson to Colgate-Palmolive, U.S. companies are flocking to borrow in euros and their record issuance is breathing life into a market where yields have […]
December 23, 2019

Oil prices fall as Russia touts easing OPEC+ output

Oil fell on Monday after Russia said an OPEC-led pact may consider easing output cuts next year but prices held near recent three-month highs on hopes […]
December 23, 2019

Exclusive: Tesla to take new $1.4 billion loan from Chinese banks for Shanghai factory – sources

U.S. electric vehicle maker Tesla Inc and a group of China banks have agreed a new 10 billion yuan ($1.4 billion), five-year loan facility for the […]
December 23, 2019

Bank of Italy chief defends regulator’s role in Bari bank crisis

The head of Italy’s central bank rebuffed criticism of its role in supervising struggling lender Banca Popolare di Bari and said in an interview published on […]
December 23, 2019

After Ethiopia crash, victims’ relatives say they were hounded by U.S. law firms

Days after the March 10 crash of a Kenya-bound Ethiopian Airlines’ Boeing jet that killed all 157 people on board, strangers began calling or visiting bereaved […]
December 23, 2019

Bayer shares up 3.5% after U.S. government’s backing in glyphosate lawsuit

Bayer shares rose as much as 3.5% on Monday, reaching their highest level in 14 months, after the United States government said that a $25 million […]
December 23, 2019

Credit Suisse surveillance probe to continue

Credit Suisse and law firm Homburger will continue their investigation into employee observation at the bank, a spokesman said, after the bank on Monday confirmed a […]
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