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Restructuring

Deutsche Bank cuts mark end to failed bid for global scale

by Associated Press
Jul 8, 2019
“They’ve been limping along for the last few years and I suppose this day had to come,” said a banking expert.
The Deutsche Bank building in Central London on July 8, 2019. The bank has started to make the first of a proposed 18,000 job cuts as part of a radical restructuring plan.
TOLGA AKMEN/AFP/Getty Images
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Puerto Rico debt plan calls for austerity, public spending cuts

by Andy Uhler
Mar 14, 2017
On Monday, Puerto Rico's financial oversight board approved a new debt plan.
Filipa Rodrigues/Marketplace
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Puerto Rico avoids debt default — but what's next?

by Andy Uhler
Jun 30, 2016
Puerto Rico's debt will be restructured, but the future is far from certain.
An American flag and Puerto Rican flag fly next to each other in Old San Juan.
Joe Raedle/Getty Images
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Google heads for big changes

by Kai Ryssdal and Molly Wood
Aug 10, 2015
Alphabet becomes the holding company for the iconic search engine.
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