Deutsche Bank has instituted a company wide hiring freeze as the embattled lender looks to speed up efforts to reduce costs and regain the confidence of investors as concerns mount ... Read More
An Italian court accepted a request from Banca Monte dei Paschi di Siena (BMPS.MI) to settle a case revolving round alleged financial crimes by former managers, a source said ... Read More
Former Portuguese Prime Minister Antonio Guterres has been officially appointed as the next UN secretary-general. He will become the world’s top diplomat on 1 January when Ban Ki-moon’s second ... Read More
Four Maltese companies have been implicated in what the Italian authorities are describing as a ‘gigantic carousel fraud’, the Vicenza Guardia di Finanza reported yesterday. The scam, which was ... Read More
Oil prices fell on Thursday after OPEC said its production had risen to the highest level in at least eight years and following reports of an increase in U.S. ... Read More
Embattled Wells Fargo Chairman and CEO John Stumpf is stepping down from the bank he has led for nearly a decade, following intense scrutiny over a fake accounts scandal ... Read More
Germany’s biggest bank returned to the US high-grade bond market on Tuesday to sell an additional $1.5 billion worth of debt, offering more than double the yield it paid ... Read More
The major asset classes dispensed a wide range of performances last week, based on a set of proxy ETFs. Although losses dominated the five trading days through Oct. 7, ... Read More
Loans to households increased in the second quarter of 2016 at a higher rate of 1.7% (after 1.5% in the first quarter). Household financial investment accelerated as well (2.3% ... Read More
Volkswagen (VOWG_p.DE) may cut up to 2,500 jobs per year over 10 years by moving workers into early retirement, Handelsblatt reported on Wednesday, citing Bernd Osterloh, chief of the ... Read More
We use cookies to improve your browsing experience on our website. To find out more, please read our Privacy Policy and Cookies Policy, been updated and became effective May 24, 2018.
By continuing to navigate our website without changing your cookies settings, or by clicking 'Ok', you hereby acknowledge and agree to OneStopBrokers use of cookies.OkRead more