Commerzbank AG’s management is eyeing cuts of at least 5,000 jobs, or more than 10% of its workforce, and eliminating one of its units as part of a broader ... Read More
European stocks and bonds fell in a volatile market on Monday, hit by growing concerns that global central banks’ commitment to the post-crisis orthodoxy of super-low interest rates and ... Read More
Troubles could worsen already-weak economy, imperil continent’s fragile financial stability For UniCredit SpA, the summer of discontent for Italy’s banks looks likely to stretch well into the fall—and possibly beyond. UniCredit, ... Read More
Venture Match for growth companies to start at the end of September Offer is part of the initiative to build an ecosystem for growth Deutsche Börse Venture Network will ... Read More
Investors have seen their interest income squeezed as global bond yields plunge. On the flipside, governments aren’t complaining. Relative to yields in 2011, global investors are foregoing more than ... Read More
Euro-zone inflation is not going anywhere fast: 0.2% is the headline. This is identical to the figure in July and leaves CPI far away from the 2% target the ECB ... Read More
Payments powerhouse Alipay ramps up search for retail partners Targets Chinese tourists, expats; no offer for local consumers Jack Ma will set a bag aside for you at your ... Read More
European stocks were lower in morning trade Tuesday, dragged down by banking shares as worries about the health of the region’s lenders continued to weigh on sentiment. The pan-European STOXX ... Read More
Reacting to a complaint lodged by a victim, who was working in a reputed software company that the agents of “3gcoin cryptocurrency” lured him to invest in Virtual mining ... Read More
The Austrian Government has proposed reducing the burden of the nation’s banking levy and calculating it based on a bank’s earnings rather than assets. The change was confirmed recently ... Read More
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