Bloomberg Switzerland’s biggest bank wants its airplanes back. For several months, UBS Group AG has sought to reverse a Moscow court decision allowing the seizure of two Bombardier Challenger 650 jets leased to brothers Dmitry and Alexey Ananiev, the former co-owners of Promsvyazbank PJSC. UBS faces powerful opponents: the Russian central bank, which spent 113.4 billion rubles ($1.8 billion) in ...

Bloomberg Deutsche Bank AG may have defused a potential land mine in its still-fragile turnaround. A once-treacherous decision about whether to retire one of the bank’s riskiest bonds in April has almost become a nonevent amid signs of progress in the overhaul and overwhelming evidence of the lender’s ability to sell Additional Tier 1 notes in a red-hot market. The ...

Bloomberg President Donald Trump’s pick for the Federal Reserve Board, Judy Shelton, came under fire from Republican lawmakers, signalling trouble ahead for her nomination. Speaking to reporters after a Senate Banking Committee hearing on her appointment, Senators Richard Shelby from Alabama, Patrick Toomey from Pennsylvania and John Kennedy from Louisiana all said they had not decided if they would vote ...