Deutsche Bank said it reached agreements with a large share of plaintiffs to settle a long-running legal case over the price of the acquisition of Postbank, a rival bank it bought more than a decade ago.
The Thai prime minister’s ouster last week rekindled jitters about the country’s nascent economic recovery. While the new leader’s quick appointment soothed nerves, politics still cloud the economy’s outlook.
The Zurich-based reinsurer made a net profit of $996 million for the second quarter and said its performance benefited from disciplined underwriting, low natural-catastrophe claims and strong investment income.
The former House speaker wins credit from many Democrats for infusing their party with renewed optimism by working to pressure President Biden to step aside.
