Bloomberg JPMorgan Chase & Co. denied a report in German magazine WirtschaftsWoche that it’s interested in acquiring a stake in Deutsche Bank AG, after the lender’s share price slumped. The New York-based bank and Industrial & Commercial Bank of China Ltd. were named as being interested in an investment because Frankfurt will increase in importance after Brexit, the magazine said, ...

Bloomberg Credit Suisse Group AG agreed to pay $77 million to settle US bribery probes claiming the lender’s Hong Kong unit attempted to win banking business by offering jobs to friends and family of Chinese officials. The bank over seven years tried to hire more than 100 employees at the request of government officials in the Asia-Pacific region, resulting in ...

Bloomberg SEB AB, one of Sweden’s biggest banks, is on a hiring spree to burnish its technology credentials as more financial services go digital. Chief Executive Officer Johan Torgeby says SEB is hiring as many as “1,400-1,500 people a year right now,” or “about 100 per month.” The bank is taking on people “mainly in new technology, computer scientists, new ...