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...Papperger last month sold shares worth almost €5mn — just over 6 per cent of his total holdings in the company....
...These range from SFr200 for claimants holding up to SFr10,000 of bonds to more than SFr15,000 for those owning more than SFr5mn, according to documents seen by the FT....
...From London and Abu Dhabi, Sawiris is building NNS into a holding company that can manage his various investments — including Aston Villa....
Swiss pharma group has jettisoned 16 drugs that ‘don’t have the promise to be transformative medicines’
President Yoon Suk Yeol has pledged to target private use of company vehicles
Group of 11 pharma, tech and luxury shares echoes US dominance of ‘Magnificent Seven’
...Speaking at the lender’s annual general meeting in Basel on Wednesday, Kelleher argued that holding additional capital would put Swiss banks at a disadvantage to US and Asian competitors....
...The deal allowed Credit Suisse to cut its holdings of such assets from $75bn to $20bn. Apollo rebranded the business as Atlas....
Wealthy customers are pouring more money than ever into customisation, pushing carmakers to invest in supply chains and dedicated teams
German group’s move follows media reports in home country alleging human rights abuses by staff of local partner in China
...Bondholders who bought into a diverse group do not like the prospect of holding debt in a smaller company riddled with problems....
British driver switches from team that has powered record-breaking career
...UBS said it planned to raise assets in its crucial wealth management business to more than $5tn by 2028 and complete the legal merger of both holding companies by the end of June....
...Corporate updates: Gibraltar-based gambling group 888 Holdings publishes its full-year results alongside rival Flutter Entertainment, Scottish drinks makers AG Barr and Fever-Tree Drinks....
Philipp Rickenbacher will leave Swiss wealth manager after loans to troubled property group soured
...Last week British Airways owner IAG reported record full-year profits, noting that prices were “holding up well”....
...The Financial Times reported in March last year that RBI had begun work on a possible €400mn deal with Sberbank’s frozen European holdings, until the state-owned bank sold the assets to another party....
The Swiss pharma group needs to settle investor jitters with its latest acquisition
Philipp Rickenbacher will be replaced by his deputy as bank exits its private debt business
...Kurz, then still chancellor, was accused of lying to the committee under oath after he told it he had not played a decisive role in appointing an ally to run Austria’s state holding company, ÖBAG....
Swiss wealth manager’s decision comes amid financial crisis at Austrian property group Signa
Potential remedy targets leading antibiotic-resistant pathogen that causes life-threatening infections in patients
...US plans for shutting down a global bank call for removing top management, wiping out the shareholders and imposing losses on creditors of its holding company....
...Last year, TPG sold a controlling stake in the talent agency CAA to Artémis, the holding company of the Pinault family, at a $7bn valuation. The deal made TPG and CAA insiders billions....
...Emanuel will roll his equity holdings into the privatisation alongside other Endeavor executives....
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