Bloomberg The gossip inside the Beverly Hills Hilton kept taking an unexpected turn — towards, of all things, Deutsche Bank AG. In chandeliered conference rooms and marble-floored hallways, Wall Street A-listers chatted, with no shortage of schadenfreude, about the German bank’s recent capitulation: After two decades trying to build one of the world’s top investment banks, it’s settling for something ...

Bloomberg The Dutch arm of Air France-KLM Group is seeking a change in the beleaguered carrier’s management structure in a bid to gain more influence after a protracted French labor conflict led the company’s chief executive officer to resign, according to a person familiar with the matter. KLM is growing increasingly frustrated with mounting losses from strikes at the Air ...

Bloomberg Tiger Global Management is purring all the way to the bank after Walmart Inc.’s Flipkart deal. The firm has made about $3 billion after investing $1 billion in Flipkart Group, according to a person familiar with the matter, who asked not to be named. Walmart will acquire a majority stake in India’s biggest online retailer, the companies said. For ...