Bloomberg Deutsche Bank AG Chief Executive Officer John Cryan, seeking to restore morale after massive bonus cuts last year, raised compensation for traders and bankers in 2017. He didn’t get much in return. Trading at Frankfurt-based Deutsche Bank slumped 27 percent in the fourth quarter to 886 million euros ($1 billion), while fees from advising on deals and arranging debt ...

Bloomberg After markets closed on her final workday in office, Federal Reserve Chair Janet Yellen delivered a blow to one of the nation’s largest banks: Wells Fargo & Co. won’t be allowed to grow until it cleans up. Fed officials said the San Francisco-based lender’s pattern of consumer abuses and compliance lapses called for an unprecedented sanction. Until Wells Fargo ...

Bloomberg The Bank of England will probably raise its economic growth forecasts next week, setting the scene for a potential interest-rate increase within months. In a survey for Bloomberg, all but one of 17 economists see the BOE lifting its 2018 projection, with the predictions for the next two years most likely to be left unchanged. The central bank will ...