Thursday , 18 December 2025

Recent Posts

GameStop adds new Amazon executive

Bloomberg GameStop Corp shares rose after the company named Elliott Wilke as chief growth officer, the latest in a string of senior executive appointments, and part of a corporate overhaul by activist investor and board member Ryan Cohen. In addition to Wilke, the video-game retailer also named Andrea Wolfe as vice president of brand development and Tom Petersen as vice …

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China drafts tougher capital rules for too-big-to-fail banks

Bloomberg China’s financial regulators plan to impose additional capital requirements on the nation’s systemically important banks, seeking to curb risks and safeguard stability of the $49 trillion industry. Banks considered too big to fail will be put into five categories and face a surcharge of between 0.25% and 1.5% on top of the mandatory capital adequacy ratios, the People’s Bank …

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Commerzbank to record $550mn charge for job cuts

Bloomberg Commerzbank AG will post a restructuring charge of 470 million euros ($550 million) in the first quarter for its job-cuts program, adding to about a billion euros of related costs booked previously. The German lender is taking the charge to account for 1,700 job cuts agreed with the works council, it said in a statement. New Chief Executive Officer …

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