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Four Men to Face Charges Over Migrant Deaths

A Hungarian court said four men could face up to 16 years in prison for alleged people trafficking in connection with the deaths of 71 migrants found in an abandoned truck.

Turkey Bombs Islamic State Targets in Syria as Part of U.S.-Led Coalition

Turkish jets bombed Islamic State targets in Syria under the umbrella of the U.S.-led international coalition for the first time, the country’s government said, as Turkey expands its fight against the extremist group.

Egyptian Court Sentences Al Jazeera Journalists

An Egyptian judge sentenced a trio of Al Jazeera English journalists to three years in prison, prompting fresh criticism of the government’s clampdown on press and political freedoms.

Thousands March Against Lebanon Government

A demonstration in Beirut against poor waste management blossomed into full-throated demands that Lebanon’s long-standing political class step down from power.

Stock Swings Don’t Shake Investors

Stock indexes’ wildest week in years rattled investors and fueled expectations for further price swings, but it failed to squelch the belief U.S. markets remain the best place to put money. 58

Fed’s Fischer: ‘Good Reason’ to Think U.S. Inflation Will Move Higher

The Fed‘s Stanley Fischer said there is “good reason” to think sluggish U.S. inflation will firm and move back toward the U.S. central bank’s 2% annual target, touching on a significant assessment facing the Fed ahead of its September policy meeting. 67

New Orleans Honors Katrina’s Victims on Anniversary

A city known for its resilience marked the 10th anniversary of one of the worst natural disasters ever to hit the United States on Saturday, beginning with a somber ceremony at a memorial to Hurricane Katrina’s victims.

France, Germany Warn Putin on Ukraine Separatist Elections

Leaders of France and Germany told Russian President Vladimir Putin that rebel-run elections conducted in the separatist-controlled regions of Ukraine would endanger the so-called Minsk peace process.

Rice to Press Pakistan on Antiterror Vigilance

National security adviser Susan Rice is set to arrive in Pakistan on Sunday to press the country’s government to do more to prevent terrorists from using its territory as a base for attacks on neighboring states.

Treading Line Between War and Peace, U.S. Special Forces Groom Afghan Troops

The U.S. military allowed The Wall Street Journal to visit a variety of commando units, offering a glimpse into what may be the last fighting season of America’s longest war. 70

Foreign Man Arrested in Bangkok Blast Probe

Thai police said they arrested a foreign man whom they described as a suspect in this month’s deadly bombing of a Bangkok shrine that is popular with Chinese tourists.

Thousands Protest Against Malaysia’s Najib Razak

Protests against Prime Minister Najib Razak’s management of the economy and the debt problems at a state investment fund entered a second day.

Buying the Dips Doesn’t Work for Everyone

The old strategy of buying the dips may not work for everyone. In fact, for some people, it could be disastrous, writes Jason Zweig.

How Do You Short China?

Traders are scouring stock, bond and currency markets for ways to make money on the malaise afflicting China. Some are piling into insurance-like contracts that would pay out if the country defaulted on a small pool of its foreign-denominated bonds.

Myanmar Buzz Fades for Many U.S. Investors

Disenchantment with the business climate, especially among American companies, comes as concerns are spreading about Myanmar’s political future.

A ‘Black Swan’ Fund Made $1 Billion This Week

Universa Hedge Fund, a well-known ‘black swan’ fund, made more than $1 billion in profits in one week amid volatility. 53

Inmarsat Says Russian Proton Rocket Puts Satellite Into Orbit

Inmarsat declared the launch of a Russian Proton rocket carrying one of its satellites a success after the rocket delivered its cargo into its initial orbit position.

China’s Moves Won’t Help U.S. Tech Firms

China’s moves to spur its slowing economy are having an important but less obvious effect on the tech sector: Strengthening local companies that already were making life difficult for U.S. rivals.

European Refiners’ Profit Revival Faces End

Europe’s biggest energy companies have enjoyed a revival of refinery profits, but that run may be winding down even as oil prices slump.

Syngenta Shareholders Not Happy

Some Syngenta shareholders are angry about the pesticide-and-seed giant’s rejection of takeover proposals from rival Monsanto, which abandoned its pursuit this week.

U.S.

Senate Foreign Relations Committee Chairman Bob Corker (R., Tenn.), right, listens to Sen. John Barrasso (R., Wyo.) last month in Washington, D.C.

Foes Try New Ways To Attack Iran Deal

Congressional opponents of the Iranian nuclear accord are devising a Plan B as President Obama moves closer to locking up the support needed to implement the deal. 666

Book Reviews

Stieg Larsson’s Heroine Lives Again

David Lagercrantz’s “The Girl in the Spider’s Web” revives Lisbeth Salander in fitting style.

World War II’s Greatest Escape

Allied prisoners broke out of a German camp using ladders inspired by medieval siege tools.

Video

Body Count Rises in Migrant Effort to Reach Europe

1:38

Lebanese ‘Stink’ Protest Turns Toward Politicians

2:11

Buzz Aldrin Developing Plan to Colonize Mars

1:09

On Wine: Will Lyons

Why Gin Is Back With a Flourish

Gin is experiencing the kind of boom the wine industry experienced in the mid-1980s, as boutique-distilled bottles with names like Half Hitch, Opihr and Ransom Old Tom give the classic G&T a new—and flavorful—twist

Music

Foals’ ‘What Went Down’ Is a Visceral Confessional

Yannis Philippakis, the lead singer whose energetic stage presence and novelistic lyrics have made Foals one of British rock’s most compelling propositions, talks about the band’s fourth album.

WSJ Blogs

Real-time commentary and analysis from The Wall Street Journal
Die Seite Drei
Schnelle Analysen und Beobachtungen zum Zeitgeschehen

Mitarbeitermagazin für alle: Die Commerzbank wird zum offenen Buch

Transparenter wollen Großbanken heutzutage sein. Näher an den Kunden wollen sie ran. Das Vertrauen soll wieder hergestellt werden. Kulturwandel ist dabei eines der Schlagworte, das an die große Fahne gehängt und beim Branchenprimus Deutsche Bank mit Füßen getreten wurde. Im Sinne der Öffnung traut sich Deutschlands zweitgrößte Bank jetzt, die sonst immer nur hinter den Kulissen gewaschene Wäsche an der Öffentlichkeit zu trocknen: Das Mitarbeitermagazin „Commerzbanker“ kann künftig jeder lesen, der sich dafür interessiert. Eine App macht´s möglich.

In der aktuellen Ausgabe löchern Mitarbeiter Bank-Chef Martin Blessing in einer Diskussionsrunde über die im November vorgestellte Strategie. Zu wenig Details habe es gegeben und keine konkreten Zahlen zum geplanten Stellenabbau – die angesprochenen Themen sind breitgefächert. Und Blessing lässt bei seinen Antworten tief blicken.

Insbesondere das von ihm gezeichnete Bild der Filialbank der Zukunft ist stark von den neuen Realitäten geprägt, dass immer weniger Menschen die Geschäftsstellen besuchen. Deswegen müsse man flexibler werden, etwa bei den Öffnungszeiten. Hier vertritt der Bankchef die Meinung, dass die Filialen künftig mit weniger Menschen länger öffnen müssen. Die Gewerkschaften werden diese Idee vermutlich kaum mit Applaus belohnen.

Auch Umzüge der Filialen in kleinere Räumlichkeiten und Schließungen schließt Blessing nicht aus. „Ich sage ja nicht, dass wir von heute auf morgen komplett auf Onlinebanking umsteigen und alle Filialen zumachen. Aber ein Filialnetz ist etwas unglaublich starres“, sagt Blessing. Das gelte es zu flexibilisieren, damit man nicht von der Entwicklung in ein paar Jahren überrollt werde.

Am Ziel sieht sich Blessing jedenfalls beim Umbau seiner Bank noch lange nicht. Auch Rückschläge könne man dabei nicht ausschließen. „Aber wer von vornherein sagt, dass er mit Durchschnitt zufrieden ist, der wird auch nur Mittelmäßiges leisten. Das kann nicht unser Ziel sein“, wirbt Blessing für den Wandel in seinem Unternehmen.

Dass er sich einer solchen Runde mit diesem Thema stellt, ist typisch Blessing. Der Mann mit dem jungenhaften Grinsen an der Spitze der zweitgrößten Bank Deutschlands geht selten einer Diskussion aus dem Weg, bei der er versuchen kann, andere von seinen Idealen zu überzeugen.

Vor diesem Hintergrund ist es trotzdem eine mutige Entscheidung der Bank, sich bei den täglichen Problemen im Unternehmen so in die Karten gucken zu lassen. Ob die Bank damit für Außenstehende zum offenen Buch wird? Zumindest lässt sich die Öffnung der internen Kommunikation als ein weiterer Schritt in die richtige Richtung interpretieren. Und wer weiß, vielleicht steht am Ende des Weges dann der von der Deutschen Bank viel beschworene – und ziemlich holprig gestartete – Kulturwandel.


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The Wall Street Journal & Breaking News, Business, Financial and Economic News, World News and Video
Search

Four Men to Face Charges Over Migrant Deaths

A Hungarian court said four men could face up to 16 years in prison for alleged people trafficking in connection with the deaths of 71 migrants found in an abandoned truck.

Turkey Bombs Islamic State Targets in Syria as Part of U.S.-Led Coalition

Turkish jets bombed Islamic State targets in Syria under the umbrella of the U.S.-led international coalition for the first time, the country’s government said, as Turkey expands its fight against the extremist group.

Egyptian Court Sentences Al Jazeera Journalists

An Egyptian judge sentenced a trio of Al Jazeera English journalists to three years in prison, prompting fresh criticism of the government’s clampdown on press and political freedoms.

Thousands March Against Lebanon Government

A demonstration in Beirut against poor waste management blossomed into full-throated demands that Lebanon’s long-standing political class step down from power.

Stock Swings Don’t Shake Investors

Stock indexes’ wildest week in years rattled investors and fueled expectations for further price swings, but it failed to squelch the belief U.S. markets remain the best place to put money. 58

Fed’s Fischer: ‘Good Reason’ to Think U.S. Inflation Will Move Higher

The Fed‘s Stanley Fischer said there is “good reason” to think sluggish U.S. inflation will firm and move back toward the U.S. central bank’s 2% annual target, touching on a significant assessment facing the Fed ahead of its September policy meeting. 67

New Orleans Honors Katrina’s Victims on Anniversary

A city known for its resilience marked the 10th anniversary of one of the worst natural disasters ever to hit the United States on Saturday, beginning with a somber ceremony at a memorial to Hurricane Katrina’s victims.

France, Germany Warn Putin on Ukraine Separatist Elections

Leaders of France and Germany told Russian President Vladimir Putin that rebel-run elections conducted in the separatist-controlled regions of Ukraine would endanger the so-called Minsk peace process.

Rice to Press Pakistan on Antiterror Vigilance

National security adviser Susan Rice is set to arrive in Pakistan on Sunday to press the country’s government to do more to prevent terrorists from using its territory as a base for attacks on neighboring states.

Treading Line Between War and Peace, U.S. Special Forces Groom Afghan Troops

The U.S. military allowed The Wall Street Journal to visit a variety of commando units, offering a glimpse into what may be the last fighting season of America’s longest war. 70

Foreign Man Arrested in Bangkok Blast Probe

Thai police said they arrested a foreign man whom they described as a suspect in this month’s deadly bombing of a Bangkok shrine that is popular with Chinese tourists.

Thousands Protest Against Malaysia’s Najib Razak

Protests against Prime Minister Najib Razak’s management of the economy and the debt problems at a state investment fund entered a second day.

Buying the Dips Doesn’t Work for Everyone

The old strategy of buying the dips may not work for everyone. In fact, for some people, it could be disastrous, writes Jason Zweig.

How Do You Short China?

Traders are scouring stock, bond and currency markets for ways to make money on the malaise afflicting China. Some are piling into insurance-like contracts that would pay out if the country defaulted on a small pool of its foreign-denominated bonds.

Myanmar Buzz Fades for Many U.S. Investors

Disenchantment with the business climate, especially among American companies, comes as concerns are spreading about Myanmar’s political future.

A ‘Black Swan’ Fund Made $1 Billion This Week

Universa Hedge Fund, a well-known ‘black swan’ fund, made more than $1 billion in profits in one week amid volatility. 53

Inmarsat Says Russian Proton Rocket Puts Satellite Into Orbit

Inmarsat declared the launch of a Russian Proton rocket carrying one of its satellites a success after the rocket delivered its cargo into its initial orbit position.

China’s Moves Won’t Help U.S. Tech Firms

China’s moves to spur its slowing economy are having an important but less obvious effect on the tech sector: Strengthening local companies that already were making life difficult for U.S. rivals.

European Refiners’ Profit Revival Faces End

Europe’s biggest energy companies have enjoyed a revival of refinery profits, but that run may be winding down even as oil prices slump.

Syngenta Shareholders Not Happy

Some Syngenta shareholders are angry about the pesticide-and-seed giant’s rejection of takeover proposals from rival Monsanto, which abandoned its pursuit this week.

U.S.

Senate Foreign Relations Committee Chairman Bob Corker (R., Tenn.), right, listens to Sen. John Barrasso (R., Wyo.) last month in Washington, D.C.

Foes Try New Ways To Attack Iran Deal

Congressional opponents of the Iranian nuclear accord are devising a Plan B as President Obama moves closer to locking up the support needed to implement the deal. 666

Book Reviews

Stieg Larsson’s Heroine Lives Again

David Lagercrantz’s “The Girl in the Spider’s Web” revives Lisbeth Salander in fitting style.

World War II’s Greatest Escape

Allied prisoners broke out of a German camp using ladders inspired by medieval siege tools.

Video

Body Count Rises in Migrant Effort to Reach Europe

1:38

Lebanese ‘Stink’ Protest Turns Toward Politicians

2:11

Buzz Aldrin Developing Plan to Colonize Mars

1:09