Commerzbank near to Spanish loans sale

Commerzbank near to Spanish loans sale

German lender takes latest step to rid itself of assets in its bad bank, which is comprised of commercial real estate, shipping and corporate finance

Credit Suisse woes go beyond $2.6bn fine

Credit Suisse woes go beyond $2.6bn fine

Penalty over charges of assisting its customers in tax evasion has ramifications for the bank beyond the writing of provisions

Shell's new pay structure criticised

Shell's new pay structure criticised

A sharp fall in the pay of outgoing chief executive Peter Voser last year failed to quell discontent among some investors at the oil major's AGM

BaFin advances twinning of finance hubs

BaFin advances twinning of finance hubs

After BaFin's discovery, bank P&Ls will once again drip red ink over the forex scandal – costs have been estimated at $20bn-$30b

Russia and China wrestle over gas deal

Russia and China wrestle over gas deal

Experts believe Beijing wants concessions on price Moscow is not prepared to give but failure would raise questions about the strength of the axis

Dougan says no plan to quit Credit Suisse

Dougan says no plan to quit Credit Suisse

The future of the bank's top executives has been the subject of intense speculation, but chief dismisses talk of resignation as shares rise slightly

Brussels charges banks for Euribor fixing

Brussels charges banks for Euribor fixing

HSBC, JPMorgan and Crédit Agricole are named in an EU inquiry as participating in a cartel that manipulated the Euribor interest rate benchmark

Credit Suisse undone by ‘brazen' conduct

Credit Suisse undone by ‘brazen' conduct

Swiss bank's settlement with US authorities over a tax evasion conspiracy lasting decades revealed a ‘shamefully inadequate' internal probe

Bonomi stock purchase upsets Club Med bid

Bonomi stock purchase upsets Club Med bid

Offer worth €17.50 per share from Ardian and Fosun, which was due to complete within days, is likely to be scuppered by soaring share price

Maersk: naut yet

Maersk: naut yet

Conglomerate's returns on invested capital, at 10%, were up from 7.8% a year ago but improvement is uneven with some units not pulling their weight
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