Bloomberg US Deputy Secretary of State Stephen Biegun, the Trump administration’s main representative for North Korea, will visit South Korea on Tuesday before heading to Japan, Yonhap reported Saturday, citing unidentified diplomatic sources. Biegun will visit Seoul on July 7, where he is likely to meet South Korean counterpart Lee Do-hoon along with diplomatic officials at the foreign ministry and ...

Bloomberg Commerzbank AG’s leadership was toppled in a shareholder revolt led by Cerberus Capital Management after failing to turn around a lender that’s struggled since its bailout in the financial crisis. Chief Executive Officer Martin Zielke, in the job for just over four years, has offered to resign, though the bank’s supervisory board still has to accept his resignation and ...

Bloomberg HSBC Holdings Plc pledged to boost investments in China to capture more wealth and retail clients even as political tension escalates after Beijing launched sweeping new security legislation to crack down on Hong Kong. The bank, which has come under fire over its support for the legislation, announced it was starting a new service to provide customers in mainland ...