Bloomberg Deutsche Bank AG Chief Financial Officer James von Moltke softened the lender’s mid-term revenue target just two months after setting it. The company now expects revenue of 24 billion euros ($26.6 billion) to 25 billion euros in 2022, von Moltke said at the Barclays Global Financial Services Conference in New York. That compares with a goal of about 25 ...

Bloomberg Barclays Plc is putting aside an estimated 1.6 billion pounds ($2 billion) more after a rush in last-minute payment protection insurance claims, threatening t he lender’s promise to return more money to shareholders. The bank said a “significantly higher volume of PPI-related claims” ahead of the regulatory deadline led to the provision of between 1.2 billion pounds and 1.6 ...

Bloomberg Few geopolitical events have distracted global banks more than the endless twists and turns of Brexit. Now, Goldman Sachs Group Inc is hiring a former public servant steeped in the UK’s attempts to sever itself from the European Union. Olly Robbins, who was former Prime Minister Theresa May’s chief Brexit negotiator, plans to join the US bank as a ...