Bloomberg Business

Big Seven Face Test on How Far Rally Can Run

Investors have had a lot thrown at them this year: more Federal Reserve tightening, a regional banking crisis, geopolitical turmoil. And yet US stock indexes are on track for a stellar year.

Warburg’s 81-Year-Old Ex-Boss Denies Guilt in Cum-Ex Trial

Christian Olearius, the former head of M.M. Warburg & Co. on trial for allegedly approving Cum-Ex tax deals costing Germany €280 million ($300 million), denied the charges against him, claiming he hadn’t known that short sales were used in the controversial trades.

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