Bloomberg Credit Suisse Group AG rose in Zurich trading, leading European bank shares higher, as Chief Executive Officer Tidjane Thiam pledged to cut an additional 1 billion Swiss francs ($1 billion) in expenses and lowe- red profit targets that were seen as too ambitious. Thiam, who was updating investors after cutting more than 6,000 jobs this year as part ...

  Kiev / AFP Ukraine’s central bank keeps trying to shut them down but they keep surviving: ‘zombie banks’ are roiling the impoverished country’s financial system through the help of allegedly crooked courts. The former Soviet republic — labelled the continent’s most corrupt state by the European Court of Auditors on Wednesday — needs financial aid from the International Monetary ...

  ANKARA / Reuters Weakness in the Turkish lira could start to drive up prices and knock the central bank off its targets in the first quarter of next year, but the impact will depend on the pace of economic activity, Governor Murat Cetinkaya said. At a news conference on the central bank’s monetary and exchange rate policy for 2017, ...