As Deutsche Bank AG’s Brexit plans take shape, people briefed on the matter wsere quoted in the media as saying that the lender envisions shifting almost half its U.K. positions to the European continent over coming years. Under the bank’s… Read More ›
Strategy
U.S.-India bonhomie to be the engine for mutually beneficial growth
Unlike Trump’s outbursts against leaders from Australia and Germany, the Indian Prime Minister was received well. A newly created chamber will now target growth mutually beneficial areas of growth, including, startups, education and innovation. Following Indian Prime Minister Nadrendra Modi’s… Read More ›
German automakers and lawmakers convene to mitigate pollution
With France and Britain deciding to eventually ban all petrol and diesel vehicles, pressure is building on Germany’s top exporters to tackle long standing issues related to the release of pollutants in the atmosphere. Car executives are set to meet… Read More ›
Barclays expands its footprint in Dublin ahead of Brexit
Barclays is not the only bank to take this strategic decision, ahead of Brexit; Bank of America Merrill Lynch and JP Morgan Chase is also taking steps to safeguard access to service their European clients. Ahead of impending impacts arising… Read More ›
A Rising Political Crisis Could Derail The World’s Third-Largest Economy
Questions over the future of the leader of the world’s third largest economy and his namesake economic program loom large as the economy battles an acute crisis of confidence. Support for the 62 year-old has been pushed to under 20 percent — his lowest… Read More ›
$50 Billion New Capital May be Needed By Banks After Brexit
While some smaller firms may abandon their operations on the continent altogether as profitability plunges, banks may need to find $30 billion to $50 billion of additional capital to support new European units in the aftermath of a hard Brexit,… Read More ›
Offshore wind energy making slow inroads in the U.S.
While most companies acknowledge that this theirs is a long term game, in Europe however former oil companies are embracing change and are harvesting key technological experience and expertise in this maturing market. In a significant development that could potentially… Read More ›
Vantiv receives extension for placing final bid for UK-based Worldpay
One of the sticky points holding back the negotiations is the location of the combined company. While Worldpay is pushing London as the location for the HQ, the terms of Brexit are likely to play a key role in deciding… Read More ›
Uncertainty in the healthcare business making insurers nervous
The political rumble and the lack of clarity in the future course of the U.S. healthcare system is unnerving insurers. Having repeatedly urged Republican senators to try and undo his predecessor’s healthcare law, in a tactical shift U.S. President Donald… Read More ›
Daimler Financial Services reports new heights in turnover
The sale of its luxury brand, Mercedes-Benz, has been the engine for its spectacular performance. Daimler Financial Services, Daimler’s finance arm, has stated it is heading for another record year having signed nearly one million new leasing and finance… Read More ›