frankfurt

Deutsche Bank agrees to $7.2 billion mortgage settlement with U.S.

By Karen Freifeld, Arno Schuetze and Kathrin Jones NEW YORK/FRANKFURT (Reuters) – Deutsche Bank has agreed to a $7.2 billion settlement with the U.S. Department of Justice over its sale and pooling of toxic mortgage securities…

The rest is here: 
Deutsche Bank agrees to $7.2 billion mortgage settlement with U.S.

frankfurt

Banks ponder the meaning of life as Deutsche agonizes

By Carmel Crimmins and Olivia Oran WASHINGTON (Reuters) – It wasn't just Deutsche Bank that was grappling with big questions about the future at the International Monetary Fund meetings in Washington last week. “This new world of low interest rates and even negative …

Read more from the original source:
Banks ponder the meaning of life as Deutsche agonizes

frankfurt

Clinton expected to hit Wells Fargo in speech on ‘bad corporate actors’

By Amanda Becker WHITE PLAINS, N.Y. (Reuters) – U.S. presidential candidate Hillary Clinton on Monday will unveil a plan to make it easier for consumers to take legal action against “bad corporate actors,” citing Wells Fargo & Co and Mylan Pharmaceuticals, according to a campaign official. While campaigning in Ohio, the Democratic nominee will explain how she would…

View post: 
Clinton expected to hit Wells Fargo in speech on ‘bad corporate actors’

frankfurt

Deutsche Bank races against time to reach U.S. settlement

By Georgina Prodhan, Kathrin Jones and Lawrence Delevingne FRANKFURT (Reuters) – Deutsche Bank is throwing its energies into reaching a settlement before next month's presidential election with U.S. authorities demanding a fine of up to $14 billion for mis-selling mortgage-backed securities. The threat of such a large fine has pushed Deutsche shares to record…

Go here to read the rest:
Deutsche Bank races against time to reach U.S. settlement

frankfurt

Bayer in $66 billion bet that farmers will back linked-up supplies

Bayer's $66 billion purchase of Monsanto amounts to a long-term bet that farmers will grow to trust combinations of seeds and pesticides rather than continue to pick from ranges of separate products. Some farmers, though, are …

More here:
Bayer in $66 billion bet that farmers will back linked-up supplies

frankfurt

Deutsche Bank to fight $14 billion demand from U.S. authorities

Deutsche Bank  said it would fight a $14 billion demand from the U.S. Department of Justice to settle claims it missold mortgage-backed securities, a shock bill that raises questions about the future of Germany's largest lender. The claim against Deutsche, which is likely to trigger several months of talks, far exceeds the bank's expectations…

Read the rest here:
Deutsche Bank to fight $14 billion demand from U.S. authorities

frankfurt

Microsoft gets support in gag order lawsuit from U.S. companies

By Dustin Volz WASHINGTON (Reuters) – Technology, media, pharmaceutical and other companies, along with major corporate lobbying groups, filed legal briefs on Friday in support of a Microsoft Corp lawsuit that aims to strike down a law preventing companies from telling customers the government is seeking their data. Microsoft's backers included the U.S. Chamber of Commerce, the National Association of Manufacturers, Delta Air Lines …

See the original post here: 
Microsoft gets support in gag order lawsuit from U.S. companies

frankfurt

Formula One sale to Liberty Media to go ahead next week: auto motor und sport

A sale of Formula One to Liberty Media is to go ahead next week, the sport's commercial supremo Bernie Ecclestone told German trade magazine auto motor und sport on the sidelines of the Italian Grand Prix at Monza on Saturday. The magazine said that according to Ecclestone, Liberty Media will transfer the first of two tranches of payment in the $8.5 billion…

Go here to read the rest: 
Formula One sale to Liberty Media to go ahead next week: auto motor und sport

frankfurt

Daimler plans at least six electric car models: source

German carmaker Daimler plans to roll out at least six, and possibly as many as nine, electric car models as part of its push to compete with Tesla and Volkswagen's Audi, a person familiar with Daimler's plans told Reuters. The maker of Mercedes-Benz cars remains on track to unveil a new electric car at the Paris

Original post: 
Daimler plans at least six electric car models: source

frankfurt

ECB’s Draghi signals end to rate cuts, overshadows stimulus

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – European Central Bank chief Mario Draghi unleashed a bold easing package on Thursday, cutting rates and expanding asset buys, but undid the very stimulus he hoped to achieve by suggesting there would be no further cuts. Seeking to resurrect corporate activity and investments, the ECB said it …

Read the original post: 
ECB’s Draghi signals end to rate cuts, overshadows stimulus

Next Page »