BLOOMBERG UBS Group AG’s decision to completely integrate Credit Suisse’s domestic business brings with it a task that’s notorious for running behind schedule and over budget. Just ask Deutsche Bank. The Swiss lender must now figure out how to bring over some 1.5 million client accounts from Credit Suisse into its own IT framework. Depending on the state of the ...

BLOOMBERG China’s central bank ramped up efforts to accelerate an economic recovery, releasing more cash into markets as data show fresh encouraging signs for the country’s growth momentum. The People’s Bank of China (PBOC) added a net 191 billion yuan ($26.3 billion) into the financial system via a one-year policy loan, a day after announcing another cut to lenders’ reserve ...

BLOOMBERG Stocks fell as traders took risk off the table ahead of a raft of policy decisions this week that will reveal how major central banks view progress in the fight against inflation. Societe Generale SA slumped as much as 8.4% and was among the biggest drags on Europe’s Stoxx 600 Index after the French lender’s strategic plan included cuts ...