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Deutsche to add 100 people for equities under Cryan overhaul

Bloomberg Deutsche Bank AG, Europe’s biggest investment bank, will hire about 100 people across equities trading as it seeks to expand the business and reduce reliance on desks dealing in bonds, according to a person with knowledge of the matter. The hires will include roles in research, sales, technology and prime services, the business that caters to hedge funds, according ...

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Lebanon’s stalemate costs billions: WB

BEIRUT / AP Hundreds of millions of dollars in assistance money for cash-strapped Lebanon is being held up because of the country’s nearly two-year-old political stalemate, the president of the World Bank group warned, imploring the country’s politicians to vote for a president who can enact laws. In an interview in the Lebanese capital Beirut, Jim Yong Kim also said ...

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GameStop forecasts revenue below estimates; shares fall

Reuters GameStop Corp, the world’s largest retailer of video games, forecast first-quarter revenue below analysts’ estimates, blaming a lack of major videogame releases and weaker hardware sales. The company’s shares were down 5.6 percent at $28.55 in after-market trading this week. They had declined as much as 8.3 percent earlier. GameStop’s sales have been languishing as videogame publishers such as ...

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