Auto Tariffs, Comcast vs Disney, Deutsche Bank: CEO Daily for May 24, 2018
Good morning. This is tech week in Europe, with CEOs including Facebook's Mark Zuckerberg, Microsoft's Satya Nadella, SAP's Bill McDermott, Intel's Brian Krzanich, Uber's Dara Khosrowshahi and...
View ArticleThese Stocks Are Getting Hit Hardest by the North Korea Summit Cancellation
Stocks plummeted Thursday, following President Donald Trump’s cancellation of the much-anticipated summit with North Korean leader Kim Jong-un. Trump canceled the June 12 meeting due to "the tremendous...
View ArticleTrade War, Italian Populism, Spanish Socialism: CEO Daily for June 1, 2018
Happy Friday. Most of you probably didn't read all 294 slides in tech guru Mary Meeker's annual power point presentation, which was released this week. So let me relieve your FOMO. I read it, and can...
View ArticleAnt Financial, ACA Defense, G7 Time: CEO Daily for June 8, 2018
Good summer Friday morning. There's new evidence out this week that investing in "good" companies--companies that treat workers well and strive to meet other social and environmental goals--leads to...
View ArticleThe Chinese Billionaire Whose HNA Group Took Major Stakes in Hilton and...
The billionaire co-founder and chairman of China’s HNA Group died Tuesday in an accident while on a business trip in Provence in southern France, the company said today. Wang Jian was 57. Local French...
View ArticleTrump vs EU, Deutsche Bank, McDonald’s: CEO Daily for July 16, 2018
Good morning. David Meyer here, subbing for Alan from Berlin. Elon Musk had quite the weekend, following a week in which his “kid-size submarine” was shunned as a means of retrieving a dozen Thai boys...
View ArticleJuncker Showdown, Sergio Marchionne, Facebook Predictions: CEO Daily for July...
Good morning. David here again, filling in for Alan from Berlin. The White House has decided to direct $12 billion in emergency aid to American farmers, to help take the sting out of the trade war that...
View ArticleDeutsche Bank Said to Be Cutting Staff in Chicago in U.S. Retreat
Deutsche Bank AG is cutting dozens of employees and consolidating space at its Chicago office as part of a broader plan to shrink U.S. operations, according to people briefed on the matter. The German...
View ArticleThe List of Perks at Deutsche Bank Is Shrinking Fast
The list of perks at Deutsche Bank AG is shrinking fast. Investment bankers at Germany's largest lender have been told to travel coach class on trains; fewer are able to attend conferences and some...
View ArticleThe Incredible Shrinking Conglomerate: China’s HNA Group May Dump Its Huge...
China’s HNA Group conglomerate plans to offload its 7.6% stake in Deutsche Bank db in the next 18 months, as well as much of its other overseas investments, the Wall Street Journal reports. HNA Group...
View ArticleTim Cook, Market Volatility, Saudi Action: CEO Daily for October 24, 2018
Good morning. David Meyer here, filling in for Alan from Berlin. Tim Cook took to the stage this morning in Brussels, at the 40th International Conference of Data Protection and Privacy Commissioners....
View ArticleWhy Trump Should Fear Maxine Waters Leading The Financial Services Committee
With her re-election this week, California Rep. Maxine Waters is set to lead the House Financial Services Committee when the next session of Congress begins in January, and that is potentially bad news...
View ArticleDeutsche Bank’s Frankfurt Headquarters Was Just Raided by 170 Police...
German authorities descended on Deutsche Bank AG, including its downtown Frankfurt headquarters, in a coordinated raid related to a money-laundering investigation. More than six police vehicles, their...
View ArticleChina Truce, Oil Moves, Shell Emissions: CEO Daily for December 3, 2018
Good morning. David Meyer here, filling in for Alan from Cape Town. The appearance of a U.S.-China trade war “ceasefire” this weekend was a very good sign for the near-term future at least, and the...
View ArticleHuawei, Brexit, Jack Bogle: CEO Daily for January 17, 2019
Good morning. Is globalization dead? For more than half a century, manufacturers created global supply chains that sourced goods wherever costs (wages) were lowest and sold them wherever demand was...
View ArticleBrexit Flight, China Talks, Deutsche and Danske: CEO Daily for January 23, 2019
Good morning from Davos. The trade war between the U.S. and China has had dramatic affects on the global economy -- that much is clear from conversations with executives here. U.S. companies have...
View ArticleFed Rate, Facebook Results, Tesla CFO: CEO Daily for January 31, 2019
Good morning. Could the Fed stop raising interest rates at a mere 2.5%? That seemed to be the market's interpretation of Fed Chairman Jerome Powell's comments yesterday. The Fed passed on making...
View ArticleChina Talks, Pierre Nanterme, Amazon India: CEO Daily for February 1, 2019
Good morning. When I wrote earlier this week that I thought it was a good idea for ex-Starbucks CEO Howard Schultz to run for president, my colleague Claire Zillman warned me to brace for some...
View ArticleAdam Schiff Questions Depth of Mueller’s Probe into Trump and Deutsche Bank
Adam Schiff (D-CA) doesn’t think Robert Mueller is being allowed to investigate Trump properly, so he’s taking matters into his own hands. Appearing on NBC’s “Meet the Press” Sunday, the House...
View ArticleRecord Earnings, Good Economy—So Why Are the Big Banks Cutting Back?
Last month, Wall Street's major banks celebrated robust quarterly earnings virtually across the board. Even before Morgan Stanley disclosed comparatively disappointing numbers, the likes of Goldman...
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