Germany’s second-largest lender agreed to pay various US regulators at least that figure to settle allegations it violated US sanctions against countries including Iran and Sudan. The deal could come as early as this month, and would also put to rest a separate money laundering case.
6 hours ago
A merger to rival 7-Eleven.
FamilyMart and UNY Group, the Japanese operator of Circle K convenience stores, are discussing a deal that would create the country’s second-largest convenience store chain. The companies have a combined value of 680 billion yen ($5.7 billion), compared to the 4 trillion yen market cap (paywall) of 7-Eleven Japan’s parent company, which also includes the country’s Denny’s outlets.
7 hours ago
Harrison Ford crash-landed a World War II-era plane.
The 72-year-old Indiana Jones actor was flying a Ryan PT-22 Recruit, previously used as a training plane for US army recruits, when he encountered engine trouble. He sustained non-life threatening injuries and is expected to recover.
March 05, 2015
The US Federal Reserve’s stress test results are in.
People worry more about online privacy than you might think.
March 05, 2015
The ECB’s bout of quantitative easing will begin March 9.
European Central Bank president Mario Draghi finally revealed the details of the bank’s €60 billion ($66.2 billion) per month debt purchase program to stoke growth in the euro zone. The bank hopes buying that amount of public and private bonds will help push the inflation rate (paywall) closer to the bank’s target of near but below 2%.