Wednesday , 17 December 2025

Recent Posts

UK voters grill May, Corbyn in last TV event of election

Bloomberg The final television event of Britain’s general election campaign saw both Prime Minister Theresa May and her main challenger, Labour leader Jeremy Corbyn, take a pummeling from angry voters. May has refused to directly debate Corbyn, and so the BBC’s “Question Time” featured the two leaders consecutively, with the prime minister going first. There was no gentle warming up, …

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Monte Paschi wins EU backing on revamp, paving way to rescue

Bloomberg European Union and Italian officials agreed on a plan to restructure Banca Monte dei Paschi di Siena SpA, allowing Italy to inject capital to rescue the world’s oldest bank. Competition Commissioner Margrethe Vestager and Italian Finance Minister Pier Carlo Padoan reached “an agreement in principle” on a deal that paves the way for a precautionary recapitalization of the lender, …

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Deutsche plans Asia wealth expansion

Bloomberg Deutsche Bank AG is stepping up hiring for its Asian wealth-management business as part of a “multi-year” expansion to bolster a unit that has lost key executives and assets in recent years. Deutsche Bank Wealth Management plans to add 50 client-facing positions including relationship managers during the second half of the year after hiring 13 employees last month, Lok …

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