Deutsche Bank employee was suspended over Singapore central bank communication: source
LONDON (Reuters) – A Deutsche Bank employee responsible for its foreign exchange business with central banks was suspended because the bank identified potentially inappropriate communication with the Monetary Authority of Singapore, a source familiar w…
BlackBerry may consider exiting handsets, eyes investments
NEW YORK (Reuters) – BlackBerry Ltd would consider exiting its handset business if it remains unprofitable, its chief executive officer said on Wednesday, as the technology company looks to expand its corporate reach with investments, acquisitions and …
Deutsche Bank seeks shareholder approval for bonus increase
FRANKFURT (Reuters) – Deutsche Bank will ask shareholders to approve raising limits on executive bonuses for 2014 as required by new European rules, according to an agenda for the bank’s annual shareholder meeting to be held on May 22.
Motorola Mobility names Rick Osterloh as COO ahead of Lenovo buy
(Reuters) – Motorola Mobility has named Rick Osterloh as its chief operating officer, reporting to the Motorola Operating Board at Google Inc until its acquisition by Lenovo Group Ltd is completed.
Deutsche Bank mulls raising fixed pay for board: report
FRANKFURT (Reuters) – Deutsche Bank is considering raising the fixed pay of its management board members by more than a third in response to new EU regulations, a German paper reported on Thursday.
Special Report: The princeling of private equity
HONG KONG (Reuters) – The 28-year-old wears black-framed glasses perched on cheeks still round with youth. A discerning eye might notice the resemblance to his grandfather: former Chinese president and Communist Party leader Jiang Zemin.
Fed’s hard line on funding to bring more pain to Wall Street
WASHINGTON/NEW YORK (Reuters) – The U.S. Federal Reserve’s drive to wean Wall Street off risky funding sources is expected to bring more financial pain to the biggest U.S. banks in the coming months, analysts warned on Wednesday.
Fed’s hard line on funding to bring more pain to Wall Street
WASHINGTON/NEW YORK (Reuters) – The U.S. Federal Reserve’s drive to wean Wall Street off risky funding sources is expected to bring more financial pain to the biggest U.S. banks in the coming months, analysts warned on Wednesday.
Toyota to recall 6.4 million vehicles for steering, other faults
TOKYO (Reuters) – Toyota Motor Corp , in its second-largest recall announcement, said on Wednesday that it would call back 6.39 million vehicles globally, and analysts saw automakers increasingly turning to recalls rather than risk bad publicity or leg…
Live at the Bank of Japan: Kuroda tweaks messaging but not policy
TOKYO (Reuters) – Japan’s central bank governor, Haruhiko Kuroda, gave the yen its biggest boost in over seven months and sent Tokyo stocks tumbling with hawkish comments this week, but his aim was more to jolt market psychology than to signal a change…
