Bloomberg Business

Michael Spencer is set for a £22.8 million ($28.4 million) payout after Deutsche Bank AG agreed to buy UK stockbroker Numis Corp.

Emirates Steel Arkan said it continuously evaluates options to expand its business after people familiar with the matter said earlier this week the Abu Dhabi state-backed group is pursuing a potential investment in Thyssenkrupp AG’s massive steel unit.

Jenny Craig Inc., the weight-loss services provider backed by H.I.G. Capital, is considering a bankruptcy filing if efforts to find a buyer for its assets fail, according to people with knowledge of the situation.

Shares of First Republic Bank rose in pre-market trading as the US banking industry and regulators ponder possible paths forward for the troubled regional lender.

Credit Suisse Group AG’s head of financial institutions group in Southeast Asia is joining Deutsche Bank AG, according to people familiar with the matter.

Executives will face bonus cuts if the companies they run fail to hit climate transition targets, under a new European Union proposal that greatly expands the range of levers regulators can draw on to meet terms of the Paris Agreement.

Deutsche Bank AG agreed to buy Numis Corp., one of the best-known UK boutiques, in an all-cash deal that could reshape the landscape of investment banking in the City of London.

(Bloomberg) — Russia’s central bank said the economy will recover this year, growing as much as 2% as the the impact of sanctions imposed over the invasion of Ukraine fades.

The Spanish government said an initial inquiry found no evidence to justify allegations that the country imported sanctioned Russian diesel.

India is predicting blistering heat across swathes of the country in May, which could strain the power network, hurt the economy and threaten people’s lives.