Anonymous ID: ee2563 Dec. 12, 2018, 3:24 p.m. No.4279894   🗄️.is đź”—kun   >>0040 >>0205

Germany Intensifies Plans to Fix Deutsche Bank With Merger

 

The German government is intensifying efforts to help fix Deutsche Bank AG, with officials studying ways to make it easier to merge with Commerzbank AG, people familiar with the matter said.

 

The high-level discussions – which have included Finance Minister Olaf Scholz and Deutsche Bank Chief Executive Officer Christian Sewing– are looking at concrete ways the government can assist in a potential combination of the country’s two largest lenders, said the people, asking not to be identified discussing the private deliberations. The talks include potentially changing existing laws to make the steps necessary for a merger less costly, they said.

 

https://www.bloomberg.com/news/articles/2018-12-12/germany-said-to-intensify-plans-to-fix-deutsche-bank-with-merger

Anonymous ID: ee2563 Dec. 12, 2018, 3:39 p.m. No.4280135   🗄️.is đź”—kun

Reserve Bank of India Governor's Resignation Spotlights the Modi Government’s Economic Mismanagement

 

Earlier this week, Urjit Patel became the second governor of the Reserve Bank of India—the country’s central bank—to leave office amid tensions with the government of India. In 2016, Raghuram Rajan, his predecessor, announced that he would not serve a second term, which later was revealed to have been due to a lack of an extension of an offer from the government.

 

Patel’s departure, by contrast, is colored by acrimony: he became the first governor of the RBI in 43 years to voluntarily resign the position in an act of effective protest. Though Patel cited “personal reasons” behind his departure, it’s no secret that the central government and the RBI have been at loggerheads. Rajan, Patel’s predecessor, notes that Patel’s resignation should be “seen as a statement of protest.”

 

https://thediplomat.com/2018/12/reserve-bank-of-india-governors-resignation-spotlights-the-modi-governments-economic-mismanagement/

 

HRC?