Bloomberg Renault SA offered Luca de Meo, who heads Volkswagen AG’s Spanish brand, the role of chief executive officer of the French carmaker, La Vanguardia reported, citing unnamed officials at the company. Renault has also told De Meo, who runs SEAT, that within two years he could take the helm of the group’s alliance with Nissan and Mitsubishi. Bloomberg previously …

Bloomberg Deutsche Bank AG is considering deep cuts to bonuses for this year as Chief Executive Officer (CEO) Christian Sewing seeks to eliminate billions of euros of costs in a radical restructuring. Germany’s largest lender may reduce discretionary compensation by as much as 20%, outpacing a 5% decline in the bank’s workforce this year, according to people with knowledge of …

Bloomberg A friendly lunch in Ottawa this week between Mark Carney and Prime Minister Justin Trudeau raises an interesting question: How large will the Bank of England (BOE) governor loom in the search for a successor at Canada’s central bank. It’s only a coincidence Monday’s meeting took place a few days after Stephen Poloz announced he won’t seek a second …