Bloomberg Deutsche Bank AG is open to a merger once the lender has boosted its profitability over the next 18 months, Chief Executive Officer Christian Sewing said. “We have a very clear plan to remain a global bank, but we have to work on profitability now,” Sewing said at an event in Berlin. “If that happens, we can talk about ...

Bloomberg India’s Infrastructure Leasing & Financial Services Ltd. has sought to shield itself from being dragged to bankruptcy court as it tries to restructure its borrowings in the wake of a string of defaults that have sent shock waves through local markets. The company, which has missed more than five debt payments since August, filed an application with the National ...

Bloomberg After coming out all guns blazing, Nigeria’s central bank surrendered more ground in its tussle with MTN Group by giving a reprieve to one of the banks accused of illegally moving $8.1 billion out of the country. Standard Bank Group Ltd. said that the Central Bank of Nigeria won’t take more than $2.63 billion from the accounts of its ...