Bloomberg Yapi ve Kredi Bankasi AS fell most in more than 11 months after a report UniCredit SpA may sell its stake in Turkey’s fourth-largest listed lender. Yapi Kredi Bank declined 5.6 percent to 3.72 liras at close in Istanbul, the biggest decline since June 8. The stock also pared its gains for 2016 to 13.1 percent. UniCredit SA, ...

  BLOOMBERG UBS Group AG is trimming some positions at the investment bank as part of a plan to reduce costs across the business in response to a revenue slump, according to people with knowledge of the situation. At least a dozen London-based employees in the securities unit lost their jobs this week, said the people, declining to be identified ...

  BRUSSELS / Reuters The European Investment Bank (EIB) wants to make more loans outside the 28-nation European Union to help tackle the migration crisis and will present plans to European Union leaders at their next meeting in June, its president said in a recent interview. Werner Hoyer cited rules that say the bank must lend 90 percent of its ...