Hints and tips:
...Among the first tasks for his successor, former UBS executive Axel Lehmann, was to deal with the fallout from Credit Suisse becoming the first Swiss bank to be charged with criminal offences in the country...
...interest rates....
...In our note, we had expected a spinoff/IPO with a valuation in the CHF 10bn range for Credit Suisse (Schweiz AG)....
...When the meeting finally began, Kelleher assured the cabinet members that UBS would do what was necessary, as long as it was in the interests of his bank’s stakeholders....
...The British Business Bank confirmed that government guarantees remain in place on Greensill’s loans to small businesses such as Special Needs Group but the state-owned lender told the Financial Times that...
...But Mr Mustier has agreed to step aside as soon as the bank names a successor, which the board hopes to do by the time it meets to sign off the results on February 10....
...The banks and their “officers and employees” will be open to “civil and criminal penalties in the United States, as well as to civil actions by third parties with an interest in this matter” if they release...
...central bank to introduce a negative interest rate policy in 2016....
...stake in the car part-maker Continental AG as Covid-19 batters the auto industry....
...She received a £190,000 “signing bonus” from Washington Speakers Bureau and in December earned £100,000 from investment bank UBS Switzerland AG for delivering a speech at a conference for the group....
...On Tuesday, he is due to take up a senior position at UBS, which would make him a likely successor to Sergio Ermotti as the bank’s chief executive....
...2012: Sole CEO of investment bank; title later changed to president September 2018: Recruited as CEO of Santander, starting early 2019 Family Married, with one daughter Interests Water-skiing, running...
...It had net debt of $55bn as of June 30 2017, according to S&P Global Market Intelligence, with net debt 6.5 times earnings before interest, taxes, depreciation and amortisation....
...structure changes,” a spokesperson for HNA said, pointing to approvals for other acquisitions from the central banks of Ireland and Malaysia as well as the Singapore stock exchange....
...HNA Group has dismissed concerns about its liquidity but acknowledged a year-end credit squeeze as Chinese banks come to the end of their lending quotas....
...And analysts see it as one of the biggest winners among European banks should interest rates eventually rise....
...HNA has long-term debt of Rmb382.8bn ($58bn) as of June 30, according to S&P Global Market Intelligence, with net debt 6.5 times earnings before interest, taxes, depreciation and amortisation....
...influence over Deutsche Bank as its largest shareholder, according to people briefed on the situation, and whether it was fit to do so....
...Interest in the development of small, electrically powered aircraft that can transport passengers across relatively short distances in densely populated urban areas is growing as battery technology accelerates...
...of the group’s investment banking arm from Switzerland to the US....
...One person close to the matter in Switzerland said that the takeover board had no penal provisions in such cases....
...When his father retired as chairman of NM Rothschild & Sons in 1961, Sir Evelyn felt a sense of duty to the bank....
...• The Association Française de la Gestion financière, which represents the interests of asset managers in France, has appointed Eric Pinon as its new chairman and Philippe Setbon as vice-chairman....
...Singapore’s financial regulator has wrapped up a two-year review of banks involved in transactions related to a wide-ranging Malaysian embezzlement scandal, as the city-state seeks to draw a line under the...
...He thought HNA viewed an equity stake in the German bank as a way to seal an important seat at the table of what he said was the most important financial institution in continental Europe....
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