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Ford emerges with less fussy tech features

Bloomberg After struggling for years to address complaints with its audio and connectivity systems, Ford Motor Co. achieved its highest-ever ranking this year in a closely watched annual study of new-car quality. Ford’s namesake brand ranked fifth in J.D. Power’s Initial Quality Study, which measures problems per 100 vehicles in first 90 days of ownership. Ford was one of the ...

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Wall Street clears first stress test hurdle with ample capital

Bloomberg Big banks cleared the first hurdle of this year’s US stress tests as the Federal Reserve found all 35 lenders examined could withstand a severe economic downturn, though Goldman Sachs Group Inc. trailed the rest of Wall Street in a key measure of leverage. The results announced mark the third straight year every bank exceeded the Fed’s minimum capital ...

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Paschi trial: Deutsche Bank defendant defies prosecutors

Bloomberg An ex-Deutsche Bank AG banker told a Milan court that the controversial Santorini transaction signed with Banca Monte dei Paschi di Siena SpA was a risky deal for the German bank and was properly accounted for by the Italian lender, challenging the prosecution’s case. Marco Veroni, the first Deutsche Bank defendant questioned by prosecutors at the Milan trial, disputed ...

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