European Central Bank president Mario Draghi: the ECB has been warned by senior bankers over its expected deposit rate cut. Photograph: Yves Herman/Reuters

Some of Europe’s most senior bankers have warned the European Central Bank of the dangers of negative interest rates ahead of a widely anticipated cut(...)

John Cryan, co-chief executive officer of Deutsche Bank: “2016 should be the year when we finish the process of tidying up the bank and be 100 perc ent focused on what’s most important, which is our staff engaging with our customers.”

Deutsche Bank, the German lender that has paid more than $9 billion in fines and settlements since the financial crisis, expects to resolve the larges(...)

UBS raised total pay for chief executive officer Sergio Ermotti by 4 per cent to 11.2 million francs ($11.1 million). Photo: Bloomberg

UBS raised total compensation for chief executive officer Sergio Ermotti by 4 per cent to 11.2 million francs ($11.1 million) and restated fourth-quar(...)

Sergio Ermotti, chief executive officer of UBS: “I do not think there is an issue in Europe (with) ... too big to fail, actually we should introduce too small to survive. That’s the real issue.” Photograph: Valentin Flauraud/Bloomberg

European banks are more concerned about being “too small to survive” than “too big to fail” due to the challenges they face from holding more c(...)

Sergio Ermotti, chief executive officer of UBS AG.  Photograph: Gianluca Colla/Bloomberg

UBS AG, Switzerland’s largest bank, reported an increase in second-quarter profit and said it is close to a settlement over US mortgage-backed bond sa(...)

UBS, Switzerland’s biggest bank, reported first-quarter earnings that beat analyst estimates. Photo: Bloomberg

UBS, Switzerland’s biggest bank, reported first-quarter earnings that beat analyst estimates on higher revenues at the investment bank and in w(...)