The Zurich-based bank will soon announce the departure of Gottstein after a series of embarrassing mishaps and unprofitable quarters, according to the Journal.

It’s the Federal Reserve task to tame inflation that is running at a pace not seen in four decades. To do so, it has been hiking interest rates at a fast pace.

Credit Suisse Chairman Axel Lehmann has denied any intention to sell or merge the embattled Swiss lender after it reported a massive second-quarter loss.

These are the stocks posting the largest moves before the bell.

China’s property sales are set to plunge this year by more than they did during the 2008 financial crisis, according to new estimates from S&P Global Ratings.

Deutsche Bank beat market expectations to post an eighth straight quarter of profit on Wednesday, recording a second-quarter net income of 1.046 billion euros ($1.06 billion).

Deutsche Bank beat market expectations to post an eighth straight quarter of profit on Wednesday, recording a second-quarter net income of 1.046 billion euros ($1.06 billion).

Boeing and Airbus has benefitted from a rebound in travel but supply chain and labor constraints are hindering output.

The embattled Swiss bank posted a net loss of 1.593 billion Swiss francs ($1.66 billion), far below consensus expectations among analysts for a 398.16 million Swiss franc loss.

Alphabet executives blamed tough comparisons and economic challenges for YouTube’s slowing growth rate.