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Merkel can't afford Deutsche Bank crisis to get out of hand

Red Hand

Tidjane Thiam, the former Prudential chief now running Credit Suisse, won’t be thanked by his counterparts at Deutsche Bank for saying so at this moment, but he is correct: big European banks are “not really investable” and the industry is in a “very fragile situation”.



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Henderson plans to reopen suspended fund

Henderson Global Investors plans to reopen the UK property fund it suspended after Britain's vote to leave the European Union, making it the fourth asset manager to lift suspensions imposed in the wake of the surprise result.