Bloomberg ING Groep NV reduced its bonus pool by 25 percent after a year marred by a record money-laundering settlement and public discontent in the Netherlands over banker pay. The country’s largest lender paid out 303 million euros ($340 million) in bonuses for 2018, down from 403 million euros the year before, according to its latest annual report. ING said ...

Bloomberg Mario Draghi’s latest and potentially last salvo to boost the euro-area economy risks not being enough. The European Central Bank president, who will leave office in October after spending his entire eight-year tenure crisis-fighting, announced a new round of long-term loans to banks and promised interest rates won’t be lifted from record lows until 2020. The fresh effort to ...

Bloomberg Mitsubishi UFJ Financial Group Inc. (MUFG) has been on an expansion kick in the debt market. But its first attempt as a sole underwriter on a dollar high-yield bond sale didn’t go so well. The bank’s securities unit bought $500 million of bonds directly from oil and gas exploration firm CNX Resources Corp., with plans to parcel them off ...