Two of Europe’s key lenders enjoy stellar quarterly results on the back of market volatility. Deutsche Bank hikes revenue guidance after record profits while UBS notches a profit increase of 80 per cent to $3bn. CEO Sergio Ermotti said the Iranian conflict has not materially shifted client flows. The UAE shocks energy markets by announcing it is quitting Opec to free itself to ramp up production. However, energy minister Suhail Al Mazrouei tells CNBC that the country is committed to maintaining balanced oil markets.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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ECB, BoE hold rates steady in face of inflation threat
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Trump slams Iranian moves to postpone nuclear talks
Trump urges Iran to reopen talks
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