The Swiss bank tells shareholders “so many questions remain unanswered.”
Category: Kelleher, Colm
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Europe Plots a Diplomatic and Business Reset on China
President Emmanuel Macron of France and Ursula von der Leyen, President of the European Commission, arrived in China on Wednesday aiming to restart business and political ties.
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Bob Iger Ousts a Marvel Antagonist
The New York Times – Business:Ike Perlmutter, the chairman of Marvel Entertainment who’s had a volatile tenure at Disney, was reportedly among the latest round of job cuts at the entertainment giant.
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UBS Taps an Ex-C.E.O. to ‘Pilot’ its Takeover of Credit Suisse
The New York Times – Business:Sergio Ermotti helped the bank recover after the 2008 financial crisis, but faces a tougher task this time around.
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Will the Fed Raise Interest Rates During a Banking Crisis?
The New York Times – Business:The central bank’s decision on interest rates on Wednesday is shaping up to be the most consequential of the Jerome Powell era.
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UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale
The New York Times – Business:Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.