Danske Bank poaches Commerzbank finance chief in post-scandal shake-up
Danske Bank named Stephan Engels from Commerzbank as its finance chief on Thursday, in an ongoing overhaul by the Danish lender’s new boss to restore trust after its involvement in a damaging money laundering scandal.
Danske Bank hires finance chief from Commerzbank in shake-up
Danske Bank named Stephan Engels from Commerzbank as its finance chief on Thursday, the latest step by the Danish lender’s new boss to restore trust after its involvement in a damaging money laundering scandal.
China says phone call on trade with U.S. Thursday went very well
China’s commerce ministry said on Thursday that a phone call on Thursday with U.S. top trade negotiators went very well, adding that Beijing opposes any escalation in the trade war.
Danske Bank appoints new CFO from Commerzbank
Danske Bank on Thursday announced the appointment of Stephan Engels from Commerzbank as chief financial officer to replace Christian Baltzer.
Confirmation of U.S.-China trade talks buoys shares, investors’ spirits
Asian shares extended gains on Thursday and U.S. stock futures jumped after China said it will hold trade talks with the United States in early October, raising hopes they can de-escalate their trade war before it inflicts further damage on the global …
USTR confirms ministerial level China trade talks in ‘coming weeks’
U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke with Chinese Vice Premier Liu He and agreed to hold ministerial-level trade talks in Washington “in the coming weeks,” a USTR spokesman said late on Wednesday.
China, U.S. to hold trade talks in October: China commerce ministry
China and the United States agreed to hold high-level trade talks in early October in Washington, China’s commerce ministry said on Thursday, amid fears that an escalating trade war could trigger a global economic recession.
Tesla’s use of individual driver data for insurance ‘state-by-state proposition’
Tesla Inc’s use of individual customer data, such as vehicle camera footage and GPS, to price its new insurance products will depend on drivers’ authorization and individual U.S. state laws, a senior company executive said on Wednesday.
Glencore’s risk appetite dwindles, fueling focus on safer regions
Glencore Inc’s penchant for risk has long been mining industry lore, but the company is quickly expanding into a part of the world that would have been improbable just a few years ago: Minnesota.
Nissan probe finds CEO Saikawa, other executives overpaid: source
Nissan Motor Co was embroiled in another scandal over executive pay on Thursday after Chief Executive Hiroto Saikawa admitted to being overpaid in violation of internal procedures under a scheme designed by ousted Chairman Carlos Ghosn.