Investors suing Royal Bank of Scotland Group Plc over an ill-fated 2008 share sale had one big incentive to settle before trial: an estimated 129 million-pound ($166 million) bill racked up by the lender's lawyers.
FILE PHOTO: A view of Akzo Nobel's headquarters in Amsterdam, February 6, 2014. REUTERS/Toussaint Kluiters/United Photos/File Photo.
FILE PHOTO: A construction worker talks on the phone in front of a 1Malaysia Development Berhad (1MDB) billboard at the Tun Razak Exchange development in Kuala Lumpur, Malaysia, February 3, 2016.
Mario Draghi, president of the European Central Bank, appears to be more optimistic about the euro zone economy, though still wary of braking on monetary policy too soon.
Japan's household spending pushed further into contraction in April, but retail sales rose at a markedly faster rate thanks to a boost from purchases at department stores and supermarkets.