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Business News

Commerzbank cuts pay of top managers in contrast with Deutsche

March 27, 2019 - by admin - Leave a Comment

FRANKFURT (Reuters) – Commerzbank’s chief executive officer took a 32 percent pay cut in 2018, according to the bank’s annual report on Wednesday, in sharp contrast to hefty pay increases …

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Wells Fargo’s corporate bank struggles to regain footing

March 27, 2019 - by admin - Leave a Comment

NEW YORK (Reuters) – Wells Fargo & Co’s corporate bank has a revenue problem. FILE PHOTO: A Wells Fargo ATM machine is shown in Los Angeles, California, U.S. October 19, …

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Swedbank may have misled U.S. over client links to Panama Papers: Swedish TV

March 27, 2019 - by admin - Leave a Comment

STOCKHOLM (Reuters) – Swedbank may have withheld information from U.S. authorities over suspicious financial transactions, Swedish Television said on Wednesday, adding to pressure on the bank which is under investigation …

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World shares slip and bond yields fall, all eyes on central banks

March 27, 2019 - by admin - Leave a Comment

LONDON (Reuters) – Global equity markets nudged down on Wednesday as investors hoped central bank action in the world’s biggest economies could temper some of the slowdown in global growth, …

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Futures edge lower as growth worries linger

March 27, 2019 - by admin - Leave a Comment

(Reuters) – U.S. stock index futures edged lower on Wednesday, as investors continued to be gripped by global growth fears and an inverted yield curve that weighed on appetite for …

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Southwest trims first quarter outlook after 737 Max groundings

March 27, 2019 - by admin - Leave a Comment

A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California, U.S., March 26, 2019. REUTERS/Mike Blake (Reuters) – Southwest Airlines …

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Southwest cuts forecast for revenue performance measure after 737 Max groundings

March 27, 2019 - by admin - Leave a Comment

A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California, U.S., March 26, 2019. REUTERS/Mike Blake (Reuters) – Southwest Airlines …

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Stocks flat, bond yields lower, all eyes on central banks

March 27, 2019 - by admin - Leave a Comment

LONDON (Reuters) – Global equity markets were flat on Wednesday, hoping central bank action in the world’s biggest economies could temper some of the slowdown in world growth, even though …

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Commerzbank CEO and board take a pay cut in 2018

March 27, 2019 - by admin - Leave a Comment

FILE PHOTO: Martin Zielke, CEO of Germany’s Commerzbank addresses the media during the bank’s annual news conference in Frankfurt, Germany, February 14, 2019. REUTERS/Kai Pfaffenbach/File Photo FRANKFURT (Reuters) – Commerzbank’s …

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Amazon, Volkswagen agree strategic partnership for ‘industry cloud’: report

March 27, 2019 - by admin - Leave a Comment

FILE PHOTO: The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019. REUTERS/Brendan McDermid BERLIN (Reuters) – …

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