Bloomberg Deutsche Bank AG employees may have manipulated internal indexes as part of an allegedly fraudulent scheme to help Banca Monte dei Paschi di Siena SpA conceal losses, according to an audit commissioned by German regulators. The study, requested by watchdog Bafin and seen by Bloomberg, says an internal Deutsche Bank review described ‘abnormalities’ in the values of proprietary ...

  Bloomberg Credit Suisse Group AG rose in Zurich trading, leading European bank shares higher, as Chief Executive Officer Tidjane Thiam pledged to cut an additional 1 billion Swiss francs ($1 billion) in expenses and lowe- red profit targets that were seen as too ambitious. Thiam, who was updating investors after cutting more than 6,000 jobs this year as part ...

  Kiev / AFP Ukraine’s central bank keeps trying to shut them down but they keep surviving: ‘zombie banks’ are roiling the impoverished country’s financial system through the help of allegedly crooked courts. The former Soviet republic — labelled the continent’s most corrupt state by the European Court of Auditors on Wednesday — needs financial aid from the International Monetary ...