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Wells Fargo admits to problems with ethics hotline

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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.

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Goldman Sachs hits 8-year high

Deutsche Bank upgraded Goldman Sachs stock to buy from hold, saying it seems well-positioned for a stronger macro environment.