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Deutsche Bank to operate with UK branch after Brexit

Bloomberg Deutsche Bank AG reiterated that it plans to carry on operating as a branch in the UK after the country leaves the European Union. That plan is in line with guidance from the Bank of England’s regulatory arm, a Deutsche Bank spokesman said in an emailed response to questions on Monday in Frankfurt. The lender said it is working ...

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Nigeria accuses HSBC of money laundering

Bloomberg Nigeria accused HSBC Holdings Plc of money laundering after an analyst working for the lender said that a second term for President Muhammadu Buhari may stall economic recovery in Africa’s biggest oil producer. “What killed Nigeria’s economy in the past was the unbridled looting of state resources by leaders, the type which was actively supported by HSBC,” presidential spokesman ...

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ECB’s Makuch may quit before 2020 Slovak vote

Bloomberg European Central Bank Governing Council member Jozef Makuch said he might not finish his second term at the helm of Slovakia’s monetary authority to allow the appointment of his successor before 2020 general elections. Makuch said there is a chance that the ballot will have an inconclusive result and that’s “the only reason” why he would consider stepping down ...

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