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Six banks in settlement talks over Libor probe

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At least six banks targeted in Switzerland’s investigation into Libor-rigging are in settlement talks with the country’s competition regulator, according to two people familiar with the negotiations, as the four-year probe moves closer to wrapping up.

Fee growth slows for FTSE 100 non-execs

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Generous pay packets in the boardroom could be set to become a thing of the past, as a new report has found that fees for non-executive directors have grown at their slowest rate for more than 15 years.

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Deutsche Bank CEO says sector needs more mergers

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.