Bloomberg SoftBank Group Corp plans to hire about 10 people to boost its in-house investment capabilities, primarily from Goldman Sachs Group Inc, according to people familiar with the situation. The additions will come from banking, private equity, consulting and, in at least one case, the medical profession, said the people, asking not to be named because the matter is private. ...

Bloomberg Germany’s beleaguered investment bankers could face even more competition when rivals move staff to the country after Brexit. While relocations from the UK will initially have little effect, that may change if banks then use their newly established presence in Germany to expand in the local market for investment banking services, Joachim Wuermeling, the head of banking supervision at ...

Bloomberg Lockheed Martin Corp’s $31 billion King Stallion helicopter programme for the US Marines may miss its first key milestone by more than 19 months because of a growing checklist of flaws discovered in development testing. The Naval Air Systems Command acknowledged that the helicopter designed to carry heavy cargo won’t meet its December target date for initial combat capability. ...