Lagos / AFP Nigeria’s government will meet union leaders to try to prevent a planned national strike over a 67 percent hike in the price of petrol, the labour ministry said on Monday. Ministry spokesman Samuel Olowookere said the talks would take place in Abuja at 3:00 pm (1400 GMT) and involve government officials, the Nigeria Labour Congress (NLC) ...

  Bloomberg Deutsche Bank AG is stuck in a vicious circle as co-Chief Executive Officer John Cryan seeks to overhaul an impaired business that needs more capital, which the bank would struggle to raise if it tried to tap investors, according to Berenberg. The Frankfurt-based lender’s biggest problem is excessive leverage, Berenberg’s James Chappell wrote Monday in a note that ...

  Bloomberg Bank of America Corp. appointed Jiro Seguchi to head its brokerage and banking units in Japan from June 1, replacing Tim Latimore. Seguchi, co-head of global corporate and investment banking in the Asia-Pacific region, will move to Tokyo from Hong Kong to add the new role as country executive for Japan, according to an internal memo obtained by ...