Bloomberg Commerzbank AG nominated Helmut Gottschalk, formerly at DZ Bank AG, to head its supervisory board in an attempt to put a quick end to a leadership crisis that threatens to derail bank’s reorganisation. Gottschalk was proposed as a new member of the board, which intends to elect him chairman immediately after his appointment by the annual general meeting, the ...

Bloomberg Deutsche Bank AG plans to rebuild its equity capital markets business in Asia, seeking to stage a comeback amid strong demand for share sales, according to people with knowledge of the matter. The Frankfurt-based lender, which shuttered the majority of its equities business in Asia Pacific in 2019, plans to hire 10 to 12 bankers, said the people. The ...

Bloomberg US equity-index futures fall and European stocks pared gains as traders braced for potential fallout from a wave of forced selling that rattled nerves and took the shine off a record Wall Street close. Oil slid after the ship blocking the Suez Canal was refloated. Contracts on the S&P 500 declined following revelations that Archegos Capital Management LLC — ...