Italy’s biggest lender UniCredit said it is among a group of banks accused of running a cartel in trading euro zone government bonds between 2007 and 2012, years when financial crises dragged down banks and several European countries.
James Forese, president and chief executive officer of Citigroup Inc’s institutional clients business, has decided to retire, according to an internal memo seen by Reuters.
Qatar has no direct say in who runs Deutsche Bank, the country’s foreign minister said when he was asked on Thursday for Doha’s view on merger talks between Deutsche Bank and fellow German lender Commerzbank.
A meeting of U.S. and Mexican government and business leaders on Thursday aims to shore up investor confidence in Mexico and defuse U.S. President Donald Trump’s threats to close their shared border if illegal immigration is not halted.
Commerzbank’s supervisory board chairman on Thursday dismissed reports of board dissatisfaction with its chief executive as irresponsible and unfounded.
JAC Motors said on Thursday it had not held talks with Volkswagen AG, after Reuters reported that the German auto giant was interested in taking a stake in its Chinese electric vehicle joint venture partner.
Chevron Corp will put a focus on human rights in Myanmar under an agreement with an investor group that had urged it to pay more attention to violence in the Asian nation where the U.S. oil company has operations.
Dutch ASML was the victim of Chinese corporate espionage a few years ago, but said the information stolen was not a blueprint for the lithography machines that have made it a world leader in semiconductor equipment.
The United States will make a decision about Spanish oil company Repsol’s activity in Venezuela in coming days, U.S. Venezuela envoy Elliott Abrams said on Thursday.
Rising U.S. crude stocks dragged oil lower on Thursday but prices continued to find a floor as OPEC-led cuts and freefalling Venezuelan output tightened global supplies.
Bayer’s chief executive on Thursday acknowledged the German maker of pharmaceuticals and crop chemicals was facing massive challenges from a wave of lawsuits over an alleged carcinogenic effect of its Roundup weedkiller.
The U.S. Commerce Department said on Wednesday that is adding 37 Chinese companies and schools to a red-flag list of “unverified” entities that U.S. companies should treat with caution, according to a notice in the Federal Register.
China’s commerce ministry confirmed on Thursday that it was examining an application from a U.S. trade association requesting a review of its anti-dumping tariffs on imports of distillers grains (DDGS) from the United States.
The United States will discuss Spanish oil company Repsol’s activity in Venezuela in the next few days, U.S. Venezuela envoy Elliott Abrams said on Thursday.
Italy’s biggest lender UniCredit said it is among a group of banks accused of running a cartel in trading euro zone government bonds between 2007 and 2012, years when financial crises dragged down banks and several European countries.
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