Deutsche Bank combines wealth management and international retail ops

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Deutsche Bank combines wealth management and international retail ops

FRANKFURT (Reuters) – Deutsche Bank (DBKGn.DE) said on Wednesday that it was combining its international retail and wealth management operations into a single division, marking a further step in a broad restructuring. The new division – dubbed the …
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Amazon Partners With Goldman Sachs On Small Business Credit Lines

Amazon will introduce a new credit line for the U.S. merchants on its platform in partnership with Goldman Sachs, according to a CNBC report—it’s the company’s first collaboration with an outside underwriter, and it’s Goldman Sachs’ latest push into …
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Ex-FDA chief scientist slams 'chaos' caused by agency approach to antibody tests

A former FDA chief scientist has criticized the agency’s handling of antibody tests, accusing the agency of unleashing “chaos” with its initial light-touch approach to regulating the field. At a House subcommittee video hearing on Tuesday, Jesse Goodman said …
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SBA expects large uptick in PPP loan requests, but leftover funds likely to remain

The Paycheck Protection Program is likely to end with money left over, though observers once thought demand would exceed supply. With less than a month left for lenders to disburse the dollars allocated to the forgivable loan program, more than $130.68 …
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Mall Landlord Simon Property Terminates Taubman Deal as Coronavirus Hits Retail

Simon Property Group Inc. is terminating its $3.6 billion deal to acquire Taubman Centers Inc., saying the rival mall owner didn’t respond appropriately to the business challenges caused by the coronavirus pandemic. The deal, announced in February, would …
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