I am concerned with Canada’s recent arrest and possible extradition of Huawei chief financial officer Meng Wanzhou. Meng was travelling in Canada, switching planes using a Chinese passport, when she was taken into custody. If sent to the US, she would face charges of trying to defraud United States financial institutions, each carrying a maximum sentence of 30 years. And ...

Bloomberg As the Federal Reserve approaches the final stages of monetary policy normalisation 10 years after it cut interest rates to zero, it faces the tough task of charting a less certain path while taking incoming fire from President Donald Trump. Chairman Jerome Powell and his colleagues are expected to ignore Trump’s criticisms and raise interest rates this week for ...

Bloomberg Deutsche Bank AG’s quarterly revenue was impacted by the raids on its Frankfurt headquarters, Chief Financial Officer James von Moltke told Bloomberg. “The raid has not helped us on the revenue side, especially in a weak market environment like we have seen in December,” von Moltke said in email comments. “We expect these negative effects to fade away soon ...