BRIEF-Deutsche Bank said to face possible $60 mln derivative loss-Bloomberg,citing sources
* Deutsche Bank said to face possible $60 million derivative loss- Bloomberg,citing sources Source https://bloom.bg/2se2XDX
May 2 U.S. fertilizer maker Mosaic Co reported a quarterly loss compared to a year-ago profit, partly hurt by lower phosphate and potash prices and an ammonia plant outage.
Mosaic reported a net loss attributable to the company of $900,000, in the first quarter ended March 31, compared with a profit of $256.8 million, a year earlier.
On a per share basis, the company broke even in the latest quarter, compared with a 73 cents profit last year.
Mosaic recorded a $1 million charge in the quarter, compared with a $169 million gain, a year earlier.
Net sales of the world's largest producer of finished phosphate products fell 5.7 percent to $1.58 billion. (Reporting by Arathy S Nair in Bengaluru; Editing by Shounak Dasgupta)
TORONTO, June 27 Royal Bank of Canada on Tuesday agreed to pay C$21.8 million ($16.5 million) in compensation to clients who were charged excess fees for mutual fund products and fee-based accounts.
NEW YORK, June 27 A Florida man was sentenced on Tuesday to 5-1/2 years in prison after pleading guilty to operating an illegal bitcoin exchange suspected of laundering money for hackers and linked to a data breach at JPMorgan Chase & Co.