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Head of group seeking to be Europe’s first homegrown champion in the sector is not your average Swedish CEO
Crisis at US start-up demonstrates hyper-reliance on Big Tech
Challenger bank reports drop in earnings as cost of living crisis is set to drive up credit card arrears
Halted trial of prospective blockbuster treatment follows latest US legal blow over weedkiller Roundup
Banker urges greater power for Swiss regulators in wake of Credit Suisse collapse
Successor Joachim Creus has worked at the European investment group since 2010
Deutsche Bank avoids penalty of almost €156mn after revealing existence of collusion
German carmaker’s 11% increase follows moves by Nissan, Hyundai, Honda and Toyota to lift workers’ wages
Vaccine recipient claims he suffered side effect of severe blood clot
State-controlled utility rows back on green spending in new 3-year plan after clash with government
Stability review notes sector’s resilience but urges lenders to increase provisions to cover rising loan losses
German group’s shares rally as investors hope unit will be spun off
Also in this newsletter: How Forza Italia wants to recover its strength after Berlusconi’s death
Plus, Beijing gives a tentative green light on Broadcom/VMware and Carlyle’s unexpected victory in China
Lender has 572 employees making over €1mn a year but call centre staff are paid just a few cents above minimum wage
Plan to delist Norwegian online classifieds company would be second-biggest buyout this year
Paris willing to postpone start of levy on EVs made in Britain or the EU
Move comes after group was forced to accept €15bn state-backed rescue package
Defence contractor is leading beneficiary of European governments’ rush to increase capabilities
Economic conditions have worked in CEO’s favour — but MPS remains a medium-sized regional lender
Telecoms group owned by Franco-Israeli billionaire Patrick Drahi seeks ways to cut $60bn debt pile
Stability review warns of contagion risk for wider financial sector from surging losses in real estate
Agreement reflects pressure carmaker is under to lower the cost of its electric vehicles
Building materials group seeks new deals in US and Europe and upgrades earnings forecast
Giorgia Meloni’s government exercises ‘golden power’ over jet engine maker’s purchase of Italian flight controls business
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