Leicester City soccer club owner, four others killed in helicopter crash

“It is with the deepest regret and a collective broken heart that we confirm our chairman, Vichai Srivaddhanaprabha, was among those to have tragically lost their lives on Saturday evening when a helicopter carrying him and four other people crashed outside King Power Stadium,” a club statement said on Sunday.

The aircraft came down in a car park near the King Power stadium shortly after 19:30 GMT, about an hour after the end of Leicester City’s game against West Ham United, police said.

The other victims were believed to be two members of his staff, Nursara Suknamai and Kaveporn Punpare, pilot Eric Swaffer and passenger Izabela Roza Lechowicz, Leicestershire Police said.

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Leicester City crash was first accident of an AW169 helicopter

LONDON (Reuters) - Italian aerospace company Leonardo SpA (LDOF.MI) said on Sunday it was ready to help an investigation into the crash of one of its AW169 helicopters at Leicester City soccer club on Saturday, adding that it was the first accident involving the aircraft.

Leicester City owner Vichai Srivaddhanaprabha, a Thai tycoon, was among five people on board the helicopter that crashed and then exploded after a Premier League match in the English city on Saturday, according to a source close to the club.

Deutsche Bank pulls sale of Mexico unit to local bank

MEXICO CITY (Reuters) - Deutsche Bank (DBKGn.DE) said on Sunday it planned to terminate an agreement to sell its Mexican assets to local bank Accendo Banco, without giving further details.

“We will continue to keep the best interests of our employees and clients in mind as we consider alternative options,” the bank said in a statement.

Accendo said in a statement that it did not agree with the plan to suspend the deal and that it was still analyzing it.

Accendo announced the deal in late 2016 but was forced to put it on hold after a shareholder was arrested in the United States on charges of laundering more than $100 million.

Mexico’s banking regulator last year cleared the bank of wrongdoing in connection with the U.S. charges, allowing the acquisition to continue, although it imposed $1.3 million in fines on the bank for lesser violations.

https://www.reuters.com/article/us-mexico-banking/deutsche-bank-pulls-sale-of-mexico-unit-to-local-bank-idUSKCN1N300P

Cutting off the cartel?