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C Suisse needs to strengthen board of directors

Credit Suisse Tower

Credit Suisse needs to strengthen its board of directors after the bank disclosed almost $1bn of writedowns linked to illiquid positions, David Herro, chief investment officer at Harris Associates, told Finanz und Wirtschaft.

BNY Mellon board member praises progress

Graph And Coins

BNY Mellon's activist board member on Tuesday praised the bank's financial progress and the leadership of Chief Executive Gerald Hassell, even as the company's stock is down about 12% over the past year and lagging the benchmark S&P 500 Index.

Deutsche Bank co-CEO expected to be acquitted

Courtroom Gavel

A Munich judge said prosecutors pursuing Deutsche Bank executives in a year-old criminal trial related to the collapse of Leo Kirch’s media empire have failed to prove the charges as the proceedings move to the final stages.

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