Bloomberg Two of China’s New York power players are pulling back from Trump — Trump Tower, that is. First, a big Chinese conglomerate, HNA Group Co, moved to sell a Manhattan office tower four blocks from Trump Tower after US authorities raised national security concerns. A deal has finally been cut. Now, China’s biggest bank, Industrial & Commercial Bank of …

Bloomberg M.M. Warburg & Co, a private bank under investigation in Germany over a series of controversial tax deals, has opened a new legal front by suing Deutsche Bank AG to pick up the bill. Warburg filed a suit in Frankfurt in December to force Deutsche Bank to pay a 46 million-euro ($53 million) tax bill the company received over …

Bloomberg Andrea Orcel, the former top dealmaker at UBS Group AG, will have to wait until April to take on his new role as chief executive officer at Banco Santander SA after the Swiss bank decided to enforce his entire six-month garden leave, people familiar with the matter said. Orcel was expected to make the move early in the first …