newszine

Wall St. advances ahead of Fed policy meeting

6 hours 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, Commerzbank talks private commercial decision: SPD leader

8 hours ago DieselGasoil Comments Off on Deutsche, Commerzbank talks private commercial decision: SPD leader
FILE PHOTO: German Social Democratic Party (SPD) leader Andrea Nahles delivers a statement in Berlin, Germany, October 29, 2018. REUTERS/Hannibal Hanschke BERLIN (Reuters) – Merger talks between Deutsche Bank and its smaller rival Commerzbank are a private commercial decision, the leader of the German centre-left SPD party, Andrea Nahles, said on Monday. (This story corrects Read More

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

11 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

Elexicon Group Inc. Introduces New Chief Executive Officer

12 hours ago DieselGasoil Comments Off on Elexicon Group Inc. Introduces New Chief Executive Officer
TORONTO, Ontario, March 18, 2019 (GLOBE NEWSWIRE) — Elexicon Group Inc. (“Elexicon Group” or the “Company”) is pleased to announce that James Darrach has been appointed as its Chief Executive Officer (“CEO”) effective April 1, 2019. “I am very excited to take on this leadership role at Elexicon Group and looking forward to building out Read More

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

14 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

15 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

17 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

17 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

19 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

Shares in Deutsche Bank, Commerzbank up after merger talks confirmed

20 hours ago DieselGasoil Comments Off on Shares in Deutsche Bank, Commerzbank up after merger talks confirmed
BERLIN (Reuters) – Shares in Deutsche Bank and its smaller German peer Commerzbank were indicated to open higher on Monday after the two lenders on Sunday confirmed merger talks. Deutsche Bank shares were up 3.5 percent in premarket trade at Lang & Schwarz at 0656 GMT while Commerzbank rose 5.4 percent. Reporting by Thomas Seythal; Read More