Bloomberg UBS Group AG’s Sergio Ermotti said he expects to add $50 billion in assets across wealth management and asset management this year as low interest rates limit how much new business the bank takes on. “We are very selective in the way we onboard net new money in terms of profitability,” he said in an interview with Bloomberg’s …

  Bloomberg Deutsche Bank AG told senior employees on Wednesday that most of them won’t get an individual bonus for last year because of the lender’s performance. The decision affects vice presidents, directors and managing directors, as well as members of the management board, who will forgo their variable compensation, Frankfurt-based Deutsche Bank said Wednesday in a memo. A “limited …

  Bloomberg Qatar National Bank (QNB), the largest bank in the Middle East and Africa by assets, is raising a $1 billion, three-year syndicated loan in the Asian bank market, sources familiar with the situation said on Wednesday. The Qatari lender is not new to the international loan market and has previously raised large debt facilities in both U.S. dollars …