Deutsche Bank Senior European Equities Banker Edward Sankey to Leave
Senior Deutsche Bank banker Edward Sankey is leaving after almost 15 years, as planned cuts to the lender's beleaguered equities business and the broader investment bank take a toll.
McKinsey Says Disclosure Payout Could Benefit Its Employees
Some of the $15 million McKinsey is paying to resolve allegations of inadequate conflict-of-interest disclosures in large corporate bankruptcies could end up in the pockets of the firm's own employees because of its extensive investment holdings.
Sports Illustrated Operating Rights Sold
Authentic Brands and Maven are pursuing discussions with Meredith for it to continue to operate certain aspects of the Sports Illustrated business, but the deal isn't contingent on reaching an agreement with Meredith.
Target Outages Illustrate Retail's Growing Tech Complexity
The technical problems at Target stores over the weekend illustrate the challenge of unifying a large retailer's technology infrastructure with its bricks-and-mortar presence and underscore the importance of having trusted vendors and backup plans.
Big Advertisers and Social Media Form Alliance to Fight 'Unsafe' Content Online
The companies said the effort, called the Global Alliance for Responsible Media and announced during the ad industry's annual Cannes Lions festival, will develop specific steps to protect both people and brands from what marketers call "unsafe" content
FAA Seeks to Enable Return of Supersonic Passenger Aircraft
The agency aims to eliminate regulatory hurdles that effectively have stymied a number of startups and established aerospace companies from testing new commercial supersonic designs in U.S. airspace.
Major Banks to Weigh Environmental Impact in New Shipping Loans
Eleven banks, including Citibank, France's Société Générale and Norway's DNB, say they will take climate considerations into account when extending new shipping loans.
Boeing's New Long-Haul Jet Faces Delay
General Electric is having to redesign an engine part for the Boeing 777X, meaning a delay for its first test flight and potentially for the first delivery of the long-haul passenger jet to customers.
San Francisco Fed Wants to Reward Banks for Climate-Change Loans
The Federal Reserve Bank of San Francisco says banks can get extra credit for making loans that help communities adapt to climate change and prepare for future natural disasters.
KPMG Agrees to Pay $50 Million Penalty Tied to Misconduct Allegations
KPMG agreed to pay $50 million to settle allegations that former employees got an unlawful sneak peek at regulators' plans to inspect its work and auditors at the firm cheated on internal training exams.
(END) Dow Jones Newswires
June 18, 2019 05:15 ET (09:15 GMT)
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