Bloomberg UBS Group AG signalled the worst hit of the coronavirus crisis on its balance sheet may be over, prompting the bank to consider reviving shareholder payouts as it seeks to boost the shares. The Swiss bank — while warning of uncertainty ahead — attracted $9 billion of net new money at the private banking business in the second quarter ...

Bloomberg Danske Bank A/S may need to cut at least 1,000 jobs if it’s to meet its latest cost goals, according to analysts monitoring the lender. Danske’s chief executive, Chris Vogelzang, told Bloomberg that he’s planning “significant” staff cuts in an effort to bring expenditure under control. Given the lender’s stated cost targets, that entails a “low four-digit number,” according ...

Bloomberg Futures on the S&P 500 Index dropped with European stocks after China said the US ordered the closure of its consulate in Houston, further stoking tensions between the two countries. Treasuries edged higher and the dollar erased a loss. The yuan weakened after a Chinese Foreign Ministry spokesman said the move was unilaterally initiated by the US and China ...