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Deutsche Bank CEO says sector needs more mergers

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Europe needs to see more banking mergers for the sector to be in position to become more profitable, Deutsche Bank Chief Executive John Cryan said on Wednesday, amid a report Germany's biggest lender had looked at No. 2 player Commerzbank.

FT - UBS hires psychologists

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UBS has brought in psychologists, data scientists, shipments specialists and pricing experts to overhaul how it generates investment ideas and recommendations for clients.

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