Little hope for a summer bounce as no-deal fears drag down GDP growth

The economy expanded just 0.3% in May, and a slump awaitsOne swallow doesn’t make a summer, so the old saying goes. For the warm middle months of the year, the British economy looked remarkably frosty, chilled by fears over a no-deal Brexit, until the …

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Deutsche Bank ‘faces US investigation’ over work for Malaysia’s 1MDB fund

Report says justice officials examining if bank broke foreign corruption or money-laundering lawsUS officials are investigating whether the crisis-hit Deutsche Bank violated foreign corruption or anti-money-laundering laws in its work for the Malaysian…

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By blaming ‘industry challenges’, Deutsche Bank is clutching at straws | Nils Pratley

Bank that once seemed to have beaten big US rivals at their own game is a national embarrassmentLittle more than a decade ago, Deutsche Bank seemed to have achieved the remarkable feat of beating the big Wall Street banks at their own game. Germany’s b…

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Deutsche Bank starts cutting London jobs with 18,000 at risk worldwide

Some staff in London reported to be in tears after hearing their jobs have goneWhat went wrong at Deutsche Bank?Profile of Deutsche Bank boss Christian Sewing Nils Pratley: Deutsche Bank is clutching at strawsDeutsche Bank started slashing thousands of…

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