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Deutsche Bank to shy away from big reforms

Deutsche Bank - External

John Cryan, Deutsche Bank’s new CEO, will not present 'big bang' reforms when the supervisory board gathers Thursday evening, rather an acceleration of existing plans to shed assets and exit countries.

Next boss serves up some sober analysis of wage policy

Oliver Twist

The CBI, working itself up into a fine fury, tells us the new national living wage will have a “dramatic impact” on corporate profits. Not at Next, it won’t, assuming the company’s chief executive, Lord Wolfson, has got his calculations correct, which is usually a safe bet.

Senior bankers leaving C Suisse


Five senior investment bankers are leaving Credit Suisse in Asia, people familiar with the matter said, amid moves by CEO Tidjane Thiam to shift the bank’s focus to managing money for the wealthy.