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Deutsche Bank in wealth management hiring spree

LONDON (Reuters) – Deutsche Bank plans to hire 300 more relationship and investment mangers for its wealth management business by 2021, as part of a plan to bulk up in areas the German lender hopes will bring steadier revenue streams. Outside view of the Deutsche Bank headquarters in Frankfurt, Germany, March 17,…

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Vietnam, EU sign landmark free trade deal

Hanoi (Reuters) – The European Union signed a landmark free trade deal with Vietnam on Sunday, the first of its kind with a developing country in Asia, paving the way for tariff reductions on 99% of goods between the trading bloc and Southeast Asian country. A woman rides a motorcycle as she…

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Preserve your ammunition, BIS urges top central banks

LONDON (Reuters) – Bank for International Settlements (BIS) chief Agustin Carstens has urged top central banks to preserve their ammunition for more serious economic downturns rather than deplete it chasing higher growth. Bank for International Settlements (BIS) General Manager Agustin Carstens leaves after G-20 finance ministers and central banks governors family photo…

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Russia, Saudi deal shows commitment to oil market stability: Novak

FILE PHOTO: Russian Energy Minister Alexander Novak attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia June 6, 2019. REUTERS/Maxim Shemetov/File Photo MOSCOW (Reuters) – Russia’s deal with Saudi Arabia on crude production cuts shows their commitment to stabilizing the oil market, Russian Energy Minister Alexander Novak said in a statement…

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China says joint interests with U.S. greater than differences

U.S. President Donald Trump attends a bilateral meeting with China’s President Xi Jinping during the G20 leaders summit in Osaka, Japan, June 29, 2019. REUTERS/Kevin Lamarque OSAKA (Reuters) – The joint interests of China and the United States are greater than the differences, a senior Chinese diplomat said on Saturday, following talks…

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Xi tells Trump he hopes U.S. treats Chinese firms fairly

Chinese President Xi Jinping attends the session 3 on women’s workforce participation, future of work, and ageing societies at the G20 Summit in Osaka on June 29, 2019. Kazuhiro Nogi/Pool via REUTERS BEIJING (Reuters) – Chinese President Xi Jinping told U.S. President Donald Trump on Saturday that he hopes the United States…

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‘Back on track’: China and U.S. agree to restart trade talks

OSAKA (Reuters) – The United States and China agreed on Saturday to restart trade talks with Washington holding off new tariffs on Chinese exports, signaling a pause in the trade hostilities between the world’s two largest economies. Commenting on a long-running dispute over China’s Huawei, President Donald Trump said U.S. firms would…

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