Julius Baer surprised investors on Wednesday morning by saying it would split its private banking and fund management activities into two separate listed companies.
ECB's Weber, Kranjec clash over asset buying (Headlines)
European Central Bank policy makers clashed over the bankâ??s asset-buying program less than a week after President Jean-Claude Trichet engineered a truce.
ING, the Dutch banking and insurance group, reported its third consecutive quarterly loss on Wednesday, hit by unexpected insurance losses and rising loan loss provisions in banking.