October 24, 2018

Ford hires new China chief to tackle daunting turnaround task

Ford Motor Co has hired a new chief for its troubled China operations, ending a nine-month search after the previous head suddenly quit and tasking him […]
October 24, 2018

Saudi crown prince to address investment forum amid Khashoggi furor

Saudi Arabia’s crown prince is expected to address an investment forum on Wednesday that has been overshadowed by the outcry over the killing of journalist Jamal […]
October 24, 2018

Saudi Arabia will not penalize banks that boycotted conference: central bank chief

Saudi Arabia’s central bank governor said the kingdom will not penalize foreign banks that boycotted an investment conference in Riyadh because of the fallout from the […]
October 24, 2018

Deutsche Bank stumbles on path to profit as revenue recedes

Deutsche Bank’s bleak third quarter results and revenue forecast overshadowed its assertion on Wednesday that it is on track to return to profit this year, knocking […]
October 24, 2018

A banker’s woe: Chinese wealth may get harder to snag for global bankers

News of a foreign wealth manager being denied exit from China last week is raising concerns for global private banks, as they seek to tap trillions […]
October 24, 2018

Deutsche Bank to hold more liquidity in securities rather than cash: CFO

Deutsche Bank is planning to hold a larger portion of its 270 billion euros in liquidity buffers in securities rather than cash as it seeks to […]
October 24, 2018

Slump persists, China fails to stimulate markets hobbled by pledged shares

China is struggling to restore confidence in its stock markets, which are being weighed down by a massive amount of shares that have been pledged as […]
October 24, 2018

Danske Bank whistleblower to testify before European parliament: lawyer

Howard Wilkinson, the whistleblower who helped to reveal suspected money laundering at Danske Bank , has accepted an invitation to testify before the European Parliament, his […]
October 24, 2018

Exclusive: UK to remain BlackRock’s EMEA HQ after Brexit – memo

BlackRock, the world’s largest asset manager, will keep its biggest European operation and regional headquarters in Britain after Brexit, moving “only very few” roles to expanded […]
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