Why do you call them shadow banks? That’s a criticism I’ve heard often since I started chronicling the troubled world of India’s nonbank finance companies following the high-profile bust of infrastructure lender IL&FS Group in early September. Some readers saw the characterisation as an attempt to equate India’s pedigreed financiers of mortgages and consumer loans with China’s peer-to-peer lenders and ...

Juergen Fitschen probably thought life would become a bit calmer when he stepped down as co-chief executive of Deutsche Bank AG in 2016. Later that year he was nominated supervisory board chairman of German electronics retailer Ceconomy AG, where the 70-year-old now collects a salary of 240,000 euros, a fraction of his Deutsche days. And then, all hell broke loose. ...

Nine months after a scandal erupted over Facebook Inc.’s open borders of user information, those borders are in the news again. The New York Times reported that after Facebook tightened rules in 2015 to limit the account information that could be hooked into outside companies’ apps and websites, the social network made many exceptions and some previously made special deals ...