Exclusive: Russia expects to recover far less from "bad bank" assets - sources

Energy trader Gunvor Group is considering selling non-core assets in Russia and finding a strategic partner for its German refinery as it tries to recover from the first-ever annual loss it suffered in 2018, trading and banking sources said. .....»»

Nissan Motor Co expects equal contributions to global car sales from China, the United States and elsewhere in coming years as the struggling Japanese carmaker strategises to recover profitability, two people with knowledge of the issue said......»»

DEUTSCHEBANK-RESTRUCTURING/ (EXCLUSIVE):EXCLUSIVE-Deutsche Bank has discussed adding assets to bad bank if sales go well-sources.....»»

Some senior Deutsche Bank .....»»

Deutsche Bank AG's turnaround strategy rests in large part on shedding 288 billion euros of unwanted assets. Three bank insiders said it will take years, tying up capital that could have generated income of 500 million euros ($557 million) a year......»»

China Development Bank (CDB) is leading a team to supervise HNA Group's asset disposals as the heavily indebted conglomerate scales back operations to a point that will leave it holding only core assets, people familiar with the situation said......»»

Brazilian telecoms carrier Oi SA has hired Bank of America Merrill Lynch to sell noncore assets such as cellphone towers and data centers, two people with knowledge of the matter said on Thursday......»»

Venezuela's state-run oil company PDVSA is telling customers of its oil joint ventures to deposit sales proceeds at an account it recently opened at Russia's Gazprombank AO, according to sources and an internal document seen by Reuters on Saturday......»»

Credit Suisse will announce the departure of two senior executives and detail how much it expects to lose through its exposure to family office Archegos Capital in an investor update Tuesday, sources familiar with the matter said......»»

United Airlines Holdings Inc has told staff that it only has work for about 3,000 of its about 25,000 flight attendants in June, sources said, and warned of job losses if demand does not recover by the time government payroll aid expires in the fall......»»

The Russian energy ministry has told domestic oil producers to reduce oil output by around 20% from their average February levels, two industry sources told Reuters on Monday, which would bring Moscow in line with its commitment under a global deal......»»

Norwegian Cruise Line Holdings Ltd has hired investment bank Goldman Sachs Group Inc to explore financing options that could include the sale of a stake in the company, people familiar with the matter said on Friday......»»

Wells Fargo CEO Charlie Scharf is rebuilding the bank's leadership team as the bank seeks to recover from its fake account scandal......»»

Wells Fargo CEO Charlie Scharf is rebuilding the bank's leadership team as the bank seeks to recover from its fake account scandal......»»

JPMorgan Chase & Co , the country's largest lender by assets, is raising borrowing standards this week for most new home loans as the bank moves to mitigate lending risk stemming from the novel coronavirus disruption......»»

The European Central Bank has no plans to deploy its OMT emergency bond purchase scheme and sees it as an inappropriate tool to fight the coronavirus crisis, two sources familiar with the bank's thinking said on Thursday......»»

British industry expects the government to give the go-ahead for an emergency ventilator production plan on Wednesday that will see a number of firms join forces to tackle the coronavirus outbreak, sources close to the process told Reuters......»»

British industry expects the government to give the go-ahead to an emergency ventilator production plan on Wednesday that will see a number of firms join forces to tackle the coronavirus outbreak, three sources told Reuters......»»

The central bank is in favor of digital securities, but maintains cryptocurrencies shouldn't be allowed in Russia......»»

The European Central Bank is preparing possible measures to provide liquidity to businesses hit by the economic fallout of the coronavirus outbreak, three sources familiar with the discussion told Reuters......»»