JPMorgan in pole position to lead WeWork IPO after debt offering: sources
NEW YORK (Reuters) - WeWork owner The We Company has tapped JPMorgan Chase & Co (JPM.N) to head an upcoming debt offering, putting the bank in pole position to lead a planned initial public offering (IPO) later this year, people familiar with the matter said.
Exclusive: Deutsche Bank sets aside $1.1 billion to exit derivatives
NEW YORK (Reuters) - Deutsche Bank (DBKGn.DE) has set aside over 1 billion euros ($1.1 billion) to cover the cost of offloading derivatives in its ‘bad bank,’ or capital release unit, three sources at the bank told Reuters.
Explainer: What do you do after a data breach?
(Reuters) - A hacker has stolen the personal information of over 100 million people from Capital One Financial Corp (COF.N), the company said this week, in the latest high-profile breach of sensitive consumer data.