[ad_1] LONDON/FRANKFURT (Reuters) – For Deutsche Bank chief executive Christian Sewing, shrinking the group’s investment bank will be the relatively easy – if expensive – part of his restructuring plan. FILE PHOTO: The Deutsche Bank
French business elite cut Macron slack for slower reform pace
[ad_1] AIX-EN-PROVENCE, France (Reuters) – Assailed by social unrest and lagging in opinion polls, French President Emmanuel Macron has for now managed to cling on to a well of support from company leaders in France
Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul
[ad_1] FRANKFURT (Reuters) – Deutsche Bank plans to cut 18,000 jobs in a sweeping, 7.4 billion euro overhaul designed to turn around Germany’s struggling flagship lender. FILE PHOTO: The Deutsche Bank headquarters are seen in
Factbox: Turkey’s new central bank governor seen as interest rate dove
[ad_1] ANKARA (Reuters) – Turkey’s new central bank governor Murat Uysal, who served as deputy governor for three years before the shock dismissal of his boss, is known as one of the more dovish members
Factbox: Deutsche Bank takes an axe to investment bank
[ad_1] (Reuters) – Deutsche Bank said on Sunday that it would make major cutbacks to its investment bank. FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019. REUTERS/Ralph Orlowski/File Photo
Venezuela’s Amuay and Cardon refineries halted by blackout: sources
[ad_1] (Reuters) – Venezuela’s Amuay and Cardon refineries are halted following a blackout in the early morning hours, two oil industry sources with knowledge of the issue said on Sunday. The twin refineries together form
Bangladesh protests against gas price rise
[ad_1] DHAKA (Reuters) – Bangladesh’s Left Democratic Alliance led a protest on Sunday against the government’s raising of the price of natural gas, which took effect last week. Almost all the oppositions, including the country’s
Economic ‘game changer’? African leaders launch free-trade zone
[ad_1] NIAMEY (Reuters) – African leaders met on Sunday to launch a continental free-trade zone that if successful would unite 1.3 billion people, create a $3.4 trillion economic bloc and usher in a new era
Exclusive: Greensill issued false statement on bonds sold by metals tycoon Gupta
[ad_1] (Reuters) – Financing group Greensill Capital, which is backed by Japan’s SoftBank Group and General Atlantic of the U.S., last year provided a false statement to market participants relating to bonds it had issued
Lagarde ‘uniquely qualified’ to head ECB: Coeure
[ad_1] Benoit Coeure, board member of the European Central Bank (ECB), is photographed during an interview with Reuters at ECB headquarters in Frankfurt, Germany, May 17, 2017. REUTERS/Kai Pfaffenbach/Files AIX-EN-PROVENCE, France (Reuters) – ECB policymaker