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Deutsche Bank Stock Price Rebounds Even as Worries Persist
Finances

Deutsche Bank Stock Price Rebounds Even as Worries Persist

The lender sought to reassure investors with a refreshed presentation of financial numbers. Source link

First Republic Bank Founder Earned a Big Payday—as Did His Family Members
Finances

First Republic Bank Founder Earned a Big Payday—as Did His Family Members

First Republic Bank paid family members of its founder, James Herbert, millions of dollars for work at the lender in recent years, including for consulting

It Wasn’t Just Credit Suisse. Switzerland Itself Needed Rescuing.
Finances

It Wasn’t Just Credit Suisse. Switzerland Itself Needed Rescuing.

ZURICH—The chairman of Switzerland’s largest bank received an urgent call last week. On the other end were three top Swiss officials who delivered an ultimatum