BLOOMBERG Metro Bank Plc plans to open 11 new branches in the north of England from next year in a bid to grow its customer base, while keeping the costs “significantly” lower than its previous outlets. The new branches, which Metro calls “stores,” will have less surplus floor space and more cost-effective fixtures and fittings but still retain the “distinctive ...

BLOOMBERG Royal Bank of Canada (RBC) reported a surge in its trading businesses that helped fiscal first-quarter earnings top analysts’ estimates. Revenue from RBC Capital Markets — the largest capital-markets division among Canada’s banks — rose 4.3% to C$3.12 billion ($2.3 billion) in the three months through January, Royal Bank said. That beat analysts’ C$2.35 billion average estimate. National Bank ...

BLOOMBERG Deutsche Bank AG’s rates traders received some of the biggest increases in bonuses as Germany’s largest bank unveiled compensation details. The business, which saw revenue jump five-fold last quarter amid rapid increases in central bank interest rates, saw the largest gain in variable compensation within the securities unit, according to people familiar with the matter. Currency traders and the ...