 | | | | Elliott Management Corp has invested more than rivals in its push for corporate change so far this year and there has been an increasing focus among activist investors on German companies. | | | | | | The Federal Reserve will likely reduce key U.S. borrowing costs by a quarter point at its upcoming July 30-31 policy meeting with the chance of a 50 basis-point decrease, Bank of America Merrill Lynch analysts said on Wednesday. | | | | | | With other parts of its business facing hefty cuts, Deutsche Bank wants to expand its European operations handling the assets of rich clients and take market share from rivals after staunching the outflow of assets. | | | | | | Dagmar Valcarcel, a legal expert, will join Deutsche Bank's supervisory board, German newspaper Handelsblatt said on Wednesday without naming its sources. | | | | | | Activist research group Anonymous Analytics has turned its attention to the cannabis industry, initiating a buy rating on Turning Point Brands Inc in a report on Wednesday. | | | | | | If you had $50 billion to try to solve the world's worst problems, what exactly would you do? | | | | | | UBS Group has created a private capital markets team to help wealth management clients invest in the burgeoning sector, the Swiss bank said on Wednesday. | | | | | | Brothers Toby and Derek Rice are on course to win control of EQT Corp's board of directors two years after having sold their own company, Rice Energy, to the natural gas producer, people familiar with the matter said on Tuesday. | | | | | |
