Bloomberg When HNA Group Co. became Deutsche Bank AG’s top shareholder in early 2017, the German lender’s shares were trading near two-year highs and the fledgling Chinese airline was voicing ambitions of turning into a big player on Wall Street. Then both firms ran into roadblocks. HNA has since lost its seemingly insatiable appetite for growth, embarking on a selling ...

Bloomberg DBS Group Holdings Ltd.’s chief executive said rich clients are getting more active in trading again, recovering from fourth-quarter turmoil that caused a slump at its wealth management unit. “People just froze” because of the equity market sell-off late last year, Piyush Gupta said in an interview with Bloomberg Television on Monday, soon after his bank reported a 10 ...

Bloomberg The slowdown of the European economy is “significant” and the European Central Bank could change its interest-rates guidance if it becomes clear the situation isn’t temporary, Governing Council member Francois Villeroy de Galhau said. The extent of the weakness at the end of 2018 has taken policy makers by surprise, with Italy entering recession and Germany narrowly avoiding the ...