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Deutsche Bank suffers yet another mishap

Deutsche Bank AG’s latest conduct slipup has a familiar look. Several of its investment bankers allegedly misrepresented how sophisticated some of their clients were so they could sell them risky products. It carries an echo of the early 2000s, when securities firms from around the world missold derivatives to myriad municipalities and small companies across Europe. That Deutsche should find ...

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China knows Taiwan is a bipartisan US issue

China flew a significant force of bombers and fighters near the Taiwan Strait over the weekend, one of the largest in an escalation of nerves over several months but more important as a test of President Joe Biden’s administration. The new team didn’t give Beijing a free pass. The State Department quickly issued a press release about the Chinese military ...

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Delta to activate 400 idled pilots over travel optimism

Bloomberg Delta Air Lines Inc will return 400 pilots to full flying status by this summer, betting that the expansion of coronavirus vaccinations will trigger a rebound in travel demand. The plan is “well ahead” of when the company originally estimated it would restore pilots to full active status, John Laughter, Delta senior vice president of operations, said in a ...

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