Deutsche Bank axes whole teams in Asia-Pacific as 18,000 global job cuts begin
Deutsche Bank AG eliminated whole teams at its Asian operations on Monday, as the German lender began axing 18,000 jobs globally in one of the...
Hedge funds chart course through ‘IMO 2020’ storm
Shipping companies, refineries, freight derivatives or diesel cracks? Investment funds are placing their bets as the shipping sector prepares for new rules limiting sulfur emissions...
Deutsche Bank axes whole teams in Asia-Pacific as 18,000 job cuts begin
Whole teams in Deutsche Bank’s Asian operations were told their positions were gone on Monday, as the lender began axing 18,000 jobs globally in one...
Oil prices tread water as market eyes global risks
Crude prices were little changed on Monday as traders weighed geopolitical risks against the impact of the Sino-U.S. trade war on the global economy, although...
Asian shares fall as bets off on sharp U.S. rate cuts
Asian shares fell on Monday after strong U.S. jobs data tempered expectations for a Fed rate cut, while the Turkish lira hovered near two-week lows...
Oil extends gains, supported by surprise U.S. jobs report
Crude prices rose on Monday, adding to gains in the previous session on better-than-expected U.S. jobs data, although gains were tempered by worries over the...
Asian shares subdued on dampened U.S. rate cut expectations
Asian shares slipped on Monday as investors wagered on a less aggressive policy easing in the United States, while the Turkish lira held near two-week...
WeWork looking to raise $3 billion-$4 billion in debt ahead of IPO: source
Shared office space manager WeWork Cos is looking to raise $3 billion to $4 billion in debt before it goes public, a source familiar with...
Gray Television well placed for U.S. election ad deluge: Barron’s
Broadcasting company Gray Television Inc is well placed to profit from an anticipated deluge of political advertising ahead of U.S. elections in 2020, according to...
After Deutsche Bank cuts, where will the growth be?
For Deutsche Bank chief executive Christian Sewing, shrinking the group’s investment bank will be the relatively easy – if expensive – part of his restructuring...