Bloomberg Deutsche Bank AG appointed a new chief executive officer (CEO) for its Spanish unit amid a revamp of its operations in several European countries. Inigo Martos will replace Antonio Rodriguez-Pina in July, the bank said in an internal memo seen by Bloomberg and confirmed by a spokesman. Martos will also become head of the lender’s retail and wealth ...

  Bloomberg The Swiss National Bank (SNB) kept interest rates at a record low and stuck to its description of the franc as “highly valued” after the currency’s latest advance against the euro. Both the deposit and the policy rate were held at -0.75% as widely predicted by economists. With the global economic recovery on shaky footing due to the ...

  Bloomberg NatWest Group Plc was sued by three trading firms over manipulation of security futures, a day after the bank pleaded guilty to wire and securities fraud and agreed to pay $35 million in penalties. M&N Trading LLC, Kohl Trading LLC and Port 22 LLC claim NatWest’s spoofing of security futures from 2008 to 2014 caused them “economic injury” ...