Bloomberg Deutsche Bank AG is sounding out potential buyers for a wide range of unwanted assets as it lays the groundwork for its most dramatic overhaul in recent history, people with knowledge of the matter said. Germany’s largest lender is gauging interest for performing and soured loans as well as assets including equity-related securities and interest rate derivatives, the people …

Bloomberg A banker who lost his job as part of Nomura Holdings Inc cuts recalls the camaraderie at the riverside Oyster Shed bar next to the institution’s London headquarters one evening as the room filled with ex-employees. Japan’s biggest brokerage let about 30 people go that day in April. Summer has arrived in London, but the smiles are likely to …

Bloomberg Nike Inc stood by its decision to pull its Fourth of July sneakers from stores, even as the move dragged it once again into America’s culture wars and drew criticism from conservative lawmakers claiming political correctness has gone too far. “We regularly make business decisions to withdraw initiatives, products and services. Nike made the decision to halt distribution of …