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Wells Fargo admits to problems with ethics hotline


Wells Fargo Chief Executive Timothy Sloan said during a town-hall meeting Thursday that the bank found "some instances" where reports by employees of bad behaviour to its ethics line weren't handled appropriately, according to remarks reviewed by The Wall Street Journal.

UBS has best day since 2011

UBS building

European banks got a second-day boost after Donald Trump’s presidential win on speculation his term will lead to increased inflation and an easing of financial rules.



Big Mac

Creator of the Big Mac dies aged 98

The creator of the Big Mac, one of the most popular fast foods in the world, has died aged 98. Jim Delligatti was a McDonald’s franchisee who came up with the idea in 1967 because he said customers wanted a bigger sandwich.