UBS Promotes Khan, Hires Hassan for US Wealth Push

UBS Group AG designated Iqbal Khan The sole head of wealth management and the other co-head…

Former JPMorgan Trader Faces Case When Bank Costs Nearly $1 Billion

Chicago—two former precious metals traders J. P. Morgan Chase & Co and a colleague who handled…

Stuart Kirk, climate investment critic, resigns from HSBC

HSBC Holdings PLC Executive Stuart Kirkee He resigned seven weeks after he was suspended from his…

Stock futures edge up ahead of jobless claims

US stock futures rose higher ahead of an update on the number of Americans applying for…

Banks burnt by risky loans, risky buying activity

By Laura Cooper July 3, 2022 at 9:03am ET listen to the article (two minutes) Investment…

Panera Bread Scraps IPO Deal With Danny Meyer’s SPAC

Panera Bread’s parent company will no longer go public in a deal where it would have…

UBS will pay $25 million to settle SEC fraud charges on complex options products

UBS Group AG agreed to pay $25 million to settle fraud charges from the Securities and…

Credit Suisse channel looks to Goldman Sachs

Swiss Credit Trying to get a little bit of Goldman Sachs’ mojo. Two recent employees with…

Credit Suisse eyes cost-cutting measures to stabilize the troubled bank

Swiss Credit Groupe AG plans to cut technology spending to target ultrarich customers more, in its…

Dollar exchange rate hurting emerging-market currencies

a strong US dollar Now breaking out of emerging market currencies. Money Manager selling South African…