Edition:
United Kingdom

Tom Sims

'Project Botticelli' takes shape as LSE board examines Borsa bids

17 Sep 2020

LONDON/MILAN/FRANKFURT The London Stock Exchange will review offers valuing Borsa Italiana at up to 4 billion euros ($4.7 billion) at a Thursday board meeting, three sources familiar with the matter said.

Deutsche Boerse and Six launch charm offensive to win Borsa bid battle - sources

16 Sep 2020

LONDON/MILAN/FRANKFURT Germany's Deutsche Boerse and Swiss stock exchange operator Six have launched a charm offensive to win the backing of Italian officials before submitting final bids for the Milan bourse, sources familiar with the matter told Reuters.

Return to big offices? Why bank branches may get a new lease of life

01 Sep 2020

By Iain Withers, Tom Sims, Patricia Uhlig and Hans Seidenstuecker

Commerzbank forecasts 2020 loss from Wirecard, coronavirus writedowns

05 Aug 2020

FRANKFURT Commerzbank expects a writedown on loans to collapsed payments firm Wirecard and fallout from the coronavirus crisis to result in a loss for the year, compounding the challenges already facing Germany's second-largest bank. | Video

Corona-Krise und Chefsuche werfen Commerzbank zurück

05 Aug 2020

Frankfurt Mitten in der Führungskrise schlagen die Corona-Pandemie und die Wirecard-Pleite bei der Commerzbank ins Kontor.

Ex-LBBW-Chef Vetter wird neuer Chefkontrolleur der Commerzbank

03 Aug 2020

Frankfurt Gegen den Widerstand des Großaktionärs Cerberus ist der frühere LBBW-Chef Hans-Jörg Vetter zum neuen Aufsichtsratschef der Commerzbank gewählt worden.

Commerzbank picks new chairman despite Cerberus opposition

03 Aug 2020

FRANKFURT Commerzbank ignored the concerns of its top investor Cerberus on Monday by electing Hans-Joerg Vetter, the retired chief of a German regional bank, as its new chairman.

Europe cushions workforce as U.S. lifeline runs threadbare

03 Aug 2020

FRANKFURT/LOS ANGELES - While millions of U.S. workers thrown into unemployment by the coronavirus pandemic fret about feeding their families, idled German airline purser Marco Todte is mainly concerned about his next vacation.

Europe cushions workforce as U.S. lifeline runs threadbare

03 Aug 2020

FRANKFURT/LOS ANGELES - While millions of U.S. workers thrown into unemployment by the coronavirus pandemic fret about feeding their families, idled German airline purser Marco Todte is mainly concerned about his next vacation.

World News

U.S. imposes sanctions on Iran's defense ministry, Venezuela's Maduro

The United States on Monday slapped new sanctions on the Iranian defense ministry and others involved in Iran's nuclear and weapons program to support its assertion that all U.N. sanctions against Tehran are now restored, a move disputed by key European allies as well as U.S. adversaries such as Russia and China.