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German ambitions evaporate as Deutsche Bank merger talks with Commerzbank collapse

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FRANKFURT (Reuters) – German hopes of creating a national banking champion able to challenge global competitors were dashed on Thursday when Deutsche Bank and Commerzbank ended merger talks due to the risks of doing a deal, restructuring costs and capital demands. Germany’s two largest banks announced that nearly six weeks of high-level negotiations about a Read More

Pacific Ethanol to Release First Quarter 2019 Results

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SACRAMENTO, Calif., April 25, 2019 (GLOBE NEWSWIRE) — Pacific Ethanol, Inc. (NASDAQ: PEIX), a leading producer and marketer of low-carbon renewable fuels and high-quality alcohol products in the United States, announced it will release its first quarter 2019 financial results after the close of market on Wednesday, May 1, 2019. Management will host a conference Read More

GasLog Partners LP Reports Financial Results for the Three-Month Period Ended March 31, 2019 and Declares Cash Distribution

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Monaco, April 25, 2019 (GLOBE NEWSWIRE) — GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP), an international owner and operator of liquefied natural gas (“LNG”) carriers, today reported its financial results for the three-month period ended March 31, 2019. Highlights ·Announced and, post quarter-end, completed the acquisition of the GasLog Glasgow from GasLog Read More

Wall Street bankers make triumphant return to Saudi Arabia just in time for mass beheadings

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Global finance leaders, who boycotted the Saudi investment summit last year over the murder of journalist Jamal Khashoggi, have returned to Riyadh despite the beheadings of dozens of people this week. Big investors, particularly from Wall Street, joined panels at the two-day financial forum which began on Wednesday in Riyadh. Larry Fink, CEO of US Read More

Precision Drilling Corporation Announces 2019 First Quarter Unaudited Financial Results

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CALGARY, Alberta, April 25, 2019 (GLOBE NEWSWIRE) — (Canadian dollars except as indicated) This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” Read More

Goldman, Bank of England and stock exchange targeted by climate activists in London

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LONDON (Reuters) – Environmental activists glued themselves to the London Stock Exchange, blocked roads near the Bank of England and protested outside banks such as Goldman Sachs on Thursday to try to force Britain to help avert what they cast as a climate cataclysm. The Extinction Rebellion group has caused mass disruption across London, blocking Read More

German bank merger hopes crumble as Deutsche Bank and Commerzbank scrap talks

5 hours ago DieselGasoil Comments Off on German bank merger hopes crumble as Deutsche Bank and Commerzbank scrap talks
FRANKFURT (Reuters) – Deutsche Bank and Commerzbank said their merger talks had ended, with execution risks, restructuring costs and capital requirements dashing German attempts to create a mega-bank. FILE PHOTO: Outside view of Deutsche Bank and Commerzbank headquarters in Frankfurt, Germany, March 18, 2019. REUTERS/Ralph Orlowski/File Photo After nearly six weeks of talks, Germany’s two Read More

Company Announcement 6/2019

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Nordic Shipholding A/S Resolutions passed at the Annual General Meeting on 25 April 2019 25 April 2019 NORDIC SHIPHOLDING A/S Company announcement no. 6/2019 Today, Thursday 25 April 2019, Nordic Shipholding A/S held its Annual General Meeting with the agenda published in the notice convening the meeting dated 28 March 2019 where the following agenda Read More

Swedbank admits money laundering flaws, cooperating with U.S. authorities

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STOCKHOLM (Reuters) – Swedbank admitted to failings in combating money laundering and said on Thursday it was facing investigations in the United States, adding to pressure over its Baltic business. FILE PHOTO: A woman walks past a Swedbank branch in Riga October 21, 2014. REUTERS/Ints Kalnins Sweden’s oldest bank, whose CEO and chairman have both Read More

Ex-Nissan boss Ghosn granted $4.5 million bail, with curbs on contacting wife

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TOKYO (Reuters) – Former Nissan Chairman Carlos Ghosn was set to walk out of a Japanese jail for a second time since his arrest last year on financial misconduct charges, after posting $4.5 million bail on Thursday and agreeing to curbs on contacting his wife. A Tokyo court set a new condition for bail that Read More