Deutsche Bank is to fire 18.000 workers and likely candidate to be having funding problems. Its attempt to merge with Commerzbank fell through in April. Its latest plan is to fire 18,000 workers and create a good bank/bad bank, isolating off unwanted assets that it plans to sell. Deutsche Bank has run through
Monthly Archives: September 2019
Facebook Inc. agreed to acquire CTRL-Labs, a technology startup that is building software to let people control a digital avatar using only their thoughts. The world’s largest social network is paying between $500 million and $1 billion, according to people familiar with the deal.
The closely held four-year-old startup, which
AMNESTY INTERNATIONAL ISSUE WARNING TO TRAVELLERS TO AMERICA.
Countries in the Top 10 cluster of most dangerous places in the world to visit if you happen to be female is in an Indo-Arab-African window of ‘female-unfriendliness.’ Any by that description, we mean everything from just plain unfriendliness to outright violence.No comments
The UK Supreme Court ruled on Tuesday that Boris Johnson’s decision to shut down parliament in the run-up to Brexit was unlawful, but a defiant prime minister said he disagreed and vowed that Britain would leave the EU by Oct. 31, come what may.
The stinging judgement by all 11
Lending standards in the rapidly growing loan market are deteriorating and complex financial products that mask risks to banks have parallels with the run-up to the 2008 financial crisis, the Bank for International Settlements warned on Sunday.
The number of collateralized loan obligations (CLOs), a form of securitization which pools