Sylvie Matherat, Deutsche’s chief regulatory officer and a potential departee, has expressed concerns regarding constraints on improving financial-crime controls and mending the bank’s relationships with regulators. As per a report from the Wall Street Journal, Deutsche Bank AG is mulling… Read More ›
Brexit allows Britain to have an independent trade policy. A framework for a trade agreement with the U.S. has already been laid. Following U.S. President Donald Trump’s statement saying U.S.-U.K trade could be potentially hit due to Britain’s trade arrangements… Read More ›
Jay Clayton, the Chairman of the SEC, appeared to be unaware of Musk’s October 4 tweet which described the SEC as the “Shortseller Enrichment Commission”. Despite Tesla’s Chief Executive Elon Musk’s mocking tweet on the chairman of the U.S. Securities… Read More ›
The Tories are pushing for a Canada-style agreement. As per a report from The Times, Brexiteers “will back British Prime Minister May’s deal if she says when she’s quitting”. The Times report states the Tories are likely to soften their… Read More ›
Airbnb has been accused of “outrageous discrimination” in a class action law suit filed against it in Israel where the lawyers demanded monetary compensation for the damages that had been cause by the company following its decision of withdrawal of… Read More ›
The trade tensions between the United States and China spilled on to a meeting at the World Trade Organization where the US accused China of utilizing the global trade body to continue with its “non-market” policies while China alleged that… Read More ›
The proposed budget deficit target for 2019 that was prepared by the newly elected coalition government of Italy had been rejected by the European Commission and had asked the country to submit a fresh proposal within a period three weeks…. Read More ›
There are some negative signs for China’s huge consumer market which can be bad news for the Chinese economy which is already facing a potential slow down. According to analysts, the individual consumer in the second largest economy of the… Read More ›
Much of the noise coming out of Britain was in this general direction. This draft declaration could potentially stymie headwinds for British Prime Minister Theresa May. On Thursday, as per an official from the European Union with knowledge of the… Read More ›
The firm’s strategic decision to voluntarily file an early protection from bankruptcy in October 2018, gave it some much needed breathing room. On Thursday, Steinhoff International stated its Mattress Firm Inc unit, the largest mattress retailer in the United States,… Read More ›
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