Bloomberg More Malaysian opposition lawmakers are expected to join defectors from their parties and declare support for Prime Minister Muhyiddin Yassin’s ruling coalition government, the Star cited Federal Territories Minister Annuar Musa as saying. Annuar said seven or eight more opposition members may defect to the Perikatan Nasional government soon because of the government’s efficient performance in tackling pandemic, according ...

Bloomberg Deutsche Bank AG jacked up its investment banking bonus pool by almost half after a blowout year in the markets, a far cry from the lean years when traders called the annual pay announcement the “day of long faces.” A 46% jump in variable compensation for investment bankers, and a 29% increase across all units at Germany’s largest lender, ...

Bloomberg A group of asset managers for Revlon Inc. lenders urged a judge not to extend a freeze on more than $500 million that they accidentally received from Citigroup Inc. while the bank appeals a ruling that they don’t have to return it. Citibank sought the freeze because it’s upset that the lenders received a “lottery-like windfall,” the group said ...