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Airbus calls in the movers as power shifts to new HQ

  PARIS / Reuters After top-level restructuring at Airbus come the musical chairs and a new logo intended to convey unity as the European giant aims to refocus its management without a return to past infighting. In a symbolic move, the man in charge of making Airbus jets has reluctantly agreed to leave his office by the vast factories in ...

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Deutsche Bank falls as client jitters hit trading in quarter

  Bloomberg Deutsche Bank AG fell the most in four months after earnings missed analysts’ estimates, in part because clients stepped back from doing business with the lender amid concern about its financial strength. The stock slumped as much as 7.1 percent, the most since September, after revenue from debt trading, its biggest source of income, fell short of estimates ...

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Coutts fined $6.57mn over money-laundering

  Bloomberg Switzerland’s financial regulator fined Coutts & Co. Ltd. for violating money-laundering rules and illegally profiting from transactions associated with Malaysian sovereign wealth fund 1Malaysia Development Bhd. Coutts, owned by Royal Bank of Scotland Group Plc, allowed a total of $2.4 billion worth of 1MDB-related assets to flow through accounts in Switzerland even though it had good reason to ...

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