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Aareal Bank hit hardest in ECB risk reality check

Bloomberg German commercial real estate lender Aareal Bank AG took the hardest hit to date in a far-reaching European Central Bank investigation of how banks gauge risk. Aareal’s key capital ratio dropped by at least 3.5 percentage points as a result of the review, the most among 18 publicly traded banks that have disclosed the impact in statements and conference ...

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Japan’s largest airline bets big on newly axed Airbus A380

Bloomberg Just as a tide of cancelled orders has prompted Airbus SE to halt production of the A380 superjumbo, Japan’s biggest airline is betting it can succeed where others have failed — by filling the luxurious double-deckers with tourists flying to Hawaii. Starting May 24, ANA Holdings Inc. has scheduled three flights a week from Tokyo to Honolulu on the ...

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Debenhams lenders rebuff billionaire Mike Ashley’s bid for power

Bloomberg Billionaire Mike Ashley’s push to oust the board of Debenhams Plc came after creditors of the troubled UK retailer repeatedly rebuffed his bid to take over immediately as chief executive officer, according to people familiar with the situation. Ashley, whose Sports Direct International Plc is the biggest investor in the department-store chain, has stepped up his campaign by appealing ...

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