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Wall St. advances ahead of Fed policy meeting

27 mins ago DieselGasoil Comments Off on Wall St. advances ahead of Fed policy meeting
NEW YORK (Reuters) – Banks and tech helped lead Wall Street higher on Monday, while Boeing and Facebook were a drag and investors eyed this week’s U.S. Federal Reserve meeting for affirmation of its commitment to “patient” monetary policy. FILE PHOTO: A trader works on the floor at the New York Stock Exchange (NYSE) in Read More

Deutsche Bank merger talks with Commerzbank raise job fears, lift shares

5 hours ago DieselGasoil Comments Off on Deutsche Bank merger talks with Commerzbank raise job fears, lift shares
BERLIN/FRANKFURT (Reuters) – Deutsche Bank and Commerzbank faced concerns from workers unions, Chancellor Angela Merkel’s office and top shareholders on Monday after confirming merger talks. Combining Germany’s two largest banks could result in 30,000 job losses, a union warned, prompting Merkel’s chief of staff to say the government was scrutinizing the issue. The concerns underline Read More

U.S. fintech to buy Worldpay as electronic payments business booms

8 hours ago DieselGasoil Comments Off on U.S. fintech to buy Worldpay as electronic payments business booms
(Reuters) – U.S. fintech Fidelity National Information Services Inc (FIS) has agreed to buy payment processor Worldpay for about $35 billion, the biggest deal to date in the fast-growing electronic payments industry. FILE PHOTO: A waitress issues a receipt at a cafe in Athens, Greece, June 25, 2015. REUTERS/Alkis Konstantinidis The deal is part of Read More

Germany's Bsirske 'more than skeptical' on Deutsche/Commerzbank merger

9 hours ago DieselGasoil Comments Off on Germany's Bsirske 'more than skeptical' on Deutsche/Commerzbank merger
FILE PHOTO: German public sector workers union Verdi leader Frank Bsirske arrives for wage talks with German Interior Minister Horst Seehofer in Potsdam, Germany, April 16, 2018. REUTERS/Hannibal Hanschke BERLIN (Reuters) – Frank Bsirske, chief of the Verdi labor union and a supervisory board member at Deutsche Bank, is “more than skeptical” about the prospect Read More

Government is examining jobs at stake if Deutsche, Commerzbank merge: Merkel's chief of staff

11 hours ago DieselGasoil Comments Off on Government is examining jobs at stake if Deutsche, Commerzbank merge: Merkel's chief of staff
FILE PHOTO – Pedestrians are reflected in a window as they walk in front of the headquarters of Deutsche Bank AG in Frankfurt September 5, 2011. REUTERS/Alex Domanski/File Photo BERLIN (Reuters) – Chancellor Angela Merkel’s chief of staff said the government was looking into the issue of job cuts, after a workers’ union said that Read More

Deutsche, Commerzbank merger would put 30,000 jobs at risk: union

11 hours ago DieselGasoil Comments Off on Deutsche, Commerzbank merger would put 30,000 jobs at risk: union
BERLIN/FRANKFURT (Reuters) – A merger of Deutsche Bank and its rival Commerzbank could result in as many as 30,000 job cuts over the long term, a representative of German union Verdi who is a Deutsche supervisory board member told n-tv broadcaster. FILE PHOTO: Banners of Deutsche Bank and Commerzbank are pictured in front of the Read More

Deutsche, Commerzbank merger would put 30,000 jobs at risk – union

13 hours ago DieselGasoil Comments Off on Deutsche, Commerzbank merger would put 30,000 jobs at risk – union
FILE PHOTO: Banners of Deutsche Bank and Commerzbank are pictured in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, September 30, 2016. REUTERS/Kai Pfaffenbach/File Photo BERLIN/FRANKFURT (Reuters) – A merger of Deutsche Bank and its rival Commerzbank could result in as many as 30,000 job cuts over Read More

Merger of Deutsche Bank, Commerzbank could cost 20,000 jobs: union chief

14 hours ago DieselGasoil Comments Off on Merger of Deutsche Bank, Commerzbank could cost 20,000 jobs: union chief
FILE PHOTO: Banners of Deutsche Bank and Commerzbank are pictured in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, September 30, 2016. REUTERS/Kai Pfaffenbach/File Photo FRANKFURT (Reuters) – A merger of Deutsche Bank and Commerzbank could put 20,000 jobs at risk, the head of labor union Verdi Read More

Asia shares, bonds count on Fed to be accommodative

16 hours ago DieselGasoil Comments Off on Asia shares, bonds count on Fed to be accommodative
SYDNEY (Reuters) – Asian shares pulled ahead on Monday while bonds were in demand globally on mounting speculation the U.S. Federal Reserve will sound decidedly dovish at its policy meeting this week. FILE PHOTO : A man looks at an electronic stock quotation board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, November Read More

Asia shares, bonds underpinned as Fed seen accommodative

19 hours ago DieselGasoil Comments Off on Asia shares, bonds underpinned as Fed seen accommodative
SYDNEY (Reuters) – Asian shares pulled ahead on Monday while bonds were in demand globally on mounting speculation the U.S. Federal Reserve will sound decidedly dovish at its policy meeting this week. FILE PHOTO : A man looks at an electronic stock quotation board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, November Read More