Deutsche Bank looks to boost wealth management as part of reinvention
With other parts of its business facing hefty cuts, Deutsche Bank wants to expand its European operations handling the assets of rich clients and take...
Elliott outspends rivals as corporate activism turns to Germany
Elliott Management Corp has invested more than rivals in its push for corporate change so far this year and there has been an increasing focus...
Sewing faces skeptical Deutsche Bank investors on revamp roadshow
Deutsche Bank investors will press Chief Executive Christian Sewing on how he will deliver on revenue growth targets during a global roadshow to win backing...
Saving the world is on Sue Desmond-Hellmann’s to-do list
If you had $50 billion to try to solve the world’s worst problems, what exactly would you do?...
Superdry warns of long road to recovery as slashes store value
The founder of Superdry warned the revival of the struggling British fashion group would be a long haul after a 130 million pound ($161 million)...
Euro zone growth, inflation outlook cut as risks from U.S. trade grow
The European Commission lowered its estimates on Wednesday for euro zone growth and inflation, saying uncertainty over U.S. trade policy posed a major risk to...
Amazon customer helpline not required, says Europe’s top court in boost for e-commerce
U.S. online retailer Amazon does not have to provide a helpline phone number to consumers, Europe’s top court said on Wednesday in a ruling that...
UBS creates team to promote private capital markets deals
UBS Group has created a private capital markets team to help wealth management clients invest in the burgeoning sector, the Swiss bank said on Wednesday....
Aggressive U.S. energy policy tests ties with European allies
For the administration of President Donald Trump, a policy of “energy dominance” means reducing dependence on imported oil and promoting exports to boost the national...
Bond yields creep higher as markets wait for Fed signals
Shares were treading water on Wednesday while rising Treasury yields kept the dollar steady, as investors waited to hear whether the world’s most powerful central...