Bloomberg Commerzbank AG is replacing two top executives as progress in Chief Executive Officer Martin Zielke’s turnaround plan remains uneven. Michael Reuther, who heads the corporate clients unit, will leave when his term expires next September, while Chief Operating Officer Frank Annus-cheit is stepping down at end of the year for health reasons. The changes touch on two key pieces ...

Bloomberg Optimism over prospects for growth at US firms has begun to fade even as a majority of Federal Reserve districts continued to report modest to moderate economic expansion in recent weeks. “Most districts reported that firms remained positive,” according to a Federal Reserve report. “However, optimism has waned in some as contacts cited increased uncertainty from impacts of tariffs, ...

Bloomberg Credit Suisse Group AG will announce a share-buyback program worth “billions” and increase its dividend at an investor day this week, newspaper SonntagsZeitung reported, without saying where it got the information. There’s pressure on Chief Executive Officer Tidjane Thiam to follow in the footsteps of Sergio Ermotti, head of rival UBS Group AG, and use his own money to ...