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Citi’s top banker in Miami becomes CEO prospect

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Bloomberg Jane Fraser is not exactly a big name on Wall Street. Based in Miami, she runs Citigroup Inc’s operations across Latin America, a region that generates less than 15 percent of the bank’s revenue. And yet, after chief executive officers stepped down at two of the world’s biggest banks in recent months — first, at Wells Fargo & Co ...

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Germany mulls ‘loan’ for Condor, Lufthansa looks on

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Bloomberg The German government is mulling a request for an emergency loan by Thomas Cook Group Plc’s Condor subsidiary as Deutsche Lufthansa AG remains tight-lipped on the fate of a unit it bid for earlier this year. Germany’s Economy Ministry on Monday said it is assessing Condor Flugdienst GmbH’s request for a bridge loan after its parent company collapsed under ...

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Airlines in HK seek fee waivers amid protests

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Bloomberg Airlines operating in Hong Kong are urging the government to implement temporary policies to offset damage to their business as months of pro-democracy protests have disrupted operations and hurt visitor numbers. In a letter to the Secretary for Transport and Housing, the Board of Airline Representatives (BAR), which represents 70 carriers operating in Hong Kong, asked for short-term measures ...

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