Credit Suisse and law firm Homburger will continue their investigation into employee observation at the bank, a spokesman said, after the bank on Monday confirmed a second former executive was tailed.
The logistics unit of Chinese e-commerce company JD.com Inc has held early discussions with banks about a potential overseas IPO that could raise US$8 billion to US$10 billion, two people with direct knowledge of the matter told Reuters.
Credit Suisse on Monday cleared CEO Tidjane Thiam and other top executives from knowledge of a second spying incident, saying former Chief Operating Officer Pierre-Olivier Bouee had the Swiss bank's then-head of human resources followed in February and covered it up.
French oil company Total said on Monday that it would pay a bonus of US$100 million as part of its previously announced deal with U.S. peer Apache to develop an offshore block off Suriname.
From Harley Davidson to Colgate-Palmolive, U.S. companies are flocking to borrow in euros and their record issuance is breathing life into a market where yields have been hammered by the European Central Bank's renewed stimulus push.
Bank of Italy has "positively" accomplished its supervision duties and it is ready to account for its action on failing lender Banca Popolare di Bari, Governor Ignazio Visco told Corriere della Sera daily in an interview published on Monday.
Roche entered into a US$1.15 billion licensing agreement with Sarepta Therapeutics to obtain the right to launch and commercialize Sarepta's gene therapy for Duchenne muscular dystrophy (DMD) outside the United States, it said on Monday.
China may debut the breakout fintech innovation of 2020. Beijing is primed to launch the world's first digital sovereign currency. The initial roll out looks cautious, focusing on consumer spending. Deploying the new technology more widely in the country's banking system could be the disruptive next...
Days after the March 10 crash of a Kenya-bound Ethiopian Airlines’ Boeing jet that killed all 157 people on board, strangers began calling or visiting bereaved families, saying they represented U.S. law firms.
SINGAPORE: Singapore's core inflation rate was unchanged in November as lower services inflation was offset by a smaller decline in the cost of retail goods, official data showed on Monday (Dec 23). Core inflation – which excludes price of private transport and accommodation – stood at 0.6 per ......
