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...continue to be led by Rob Karofsky under the revamped leadership team announced by UBS this week, though the wind-down efforts will be overseen by new head of Europe, the Middle East and Africa, Beatriz Martin...
...In a statement to clients, the firm’s chief executive Peter Martin said that the “various allegations” were being “looked into” by the firm’s lawyers and that it “treats, now and in the past, all such allegations...
...Martin Gruenberg spoke to the Financial Times as his agency issued a paper detailing how it would handle the collapse of a global systemically important bank (G-SIB) such as Credit Suisse....
...We’ve summarised the nine-page judgment (h/t Katie Martin), which can be read in full here....
...Martin Lewis, founder of the Money Saving Expert advice website, told a cross-party committee of MPs on Tuesday that its inclusion was “in some ways counterproductive” since the plethora of private and voluntary...
...Marc FilippinoThat was the FT’s European banking correspondent Owen Walker. Thanks, Owen. Owen Walker Great. Thanks very much....
Lessons to be learned from collapse of SVB, US regional banks and Credit Suisse
...Andrew Walker KC, for PDT, told the court that the proposal amounted to a “clear example” of attempts by the claimants to “hold the defendant to ransom”. PDT rejected the offer....
...Our markets editor Katie Martin delves into what could happen next. 2....
...Reporting by Owen Walker and Akila Quinio in London, Sarah White in Paris, Barney Jopson in Madrid, Martin Arnold in Frankfurt, Silvia Sciorilli Borrelli in Milan and Andy Bounds in Brussels Data visualisation...
...Photographer’s assistant, Danny Walker. Stylist’s assistant, Lucia Bustillo. Production, Ellen Miller at Laird and Good Company...
...The task of overseeing the wind-down has been handed to Bea Martin, the former UBS group treasurer, who combines her new role as head of non-core and legacy with being president of Europe, Middle East and...
...Martin Arnold...
...Odey Asset Management’s top bosses — including Crispin Odey himself, chief executive Peter Martin and chief financial and operating officer Michael Ede — held a crisis call on the morning of June 9 with...
Investors worry over the value of sector’s bond portfolios and falling deposits
...Beatriz Martin Jimenez, head of the UK for UBS and group treasurer, will be head of non-core and legacy — responsible for overseeing parts of the business that are being wound down — as well as head of Emea...
Value of risky additional tier 1 debt written down to zero in move that is expected to jolt markets
...After an introduction by a mutual friend, the photographer Tim Walker, Cate Blanchett wore one of his digitally printed dresses in Cannes in 2015, featuring imagery of Tudor-era jewellery — and a gallery...
Firings expected to be ‘super brutal’, with Credit Suisse, Goldman Sachs and Morgan Stanley already laying off staff
...Additional reporting by Martin Arnold...
...“We have the shoes which [lead actress] Moira Shearer wore in the film, on loan from Martin Scorsese,” says Costin, talking to me in the basement kitchen of his home in Dover, Kent, an 1834 seafront house...
...Additional reporting by Katie Martin, Martin Arnold and James Politi Letters in response to this article: Deposit-taking banks are like nuclear power plants / From Leonard Hyman, Sleepy Hollow, NY, US...
...Additional reporting by Emma Dunkley and Katie Martin...
...Sir Leonard Blavatnik’s sports media group DAZN hired former Amazon and Twitch executive Walker Jacobs as global chief revenue officer....
...But it is also one whose roots can be traced back several decades, says Martin Walker, director of banking and finance at the Center of Evidence-Based Management....
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