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Move comes as authorities face $9bn in legal claims over rescue of failed bank
Bank of China and ICBC in a group of four banks behind £190mn loan that matures end of April
...Additional reporting by Robert Smith This article has been updated to clarify the ownership of the Bombardier Global 7500 jet....
...Additional reporting by Akila Quinio, Stephen Morris, Robert Smith and Euan Healy...
Diktat is designed to reduce risks of the transaction that was orchestrated by Swiss government
...All the King’s Men by Robert Penn WarrenEverything you need to know about demagoguery America-style, via a thinly disguised portrait of Huey Long of Louisiana....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
Investors return after write-off of $17bn of risky debt during Swiss banking deal
Investor interest in debt yielding about 9.6% comes after UBS received $36bn of demand last week
...The Scottish government’s stance is “a disaster for everyone”, according to Walker....
UK challenger bank announces £325mn capital raise and £600mn of debt refinancing
Group made proposal after bank suffered setback in effort to secure regulatory relief on mortgage business
...These are the components of the Granolas: GSK, Roche, ASML, Nestlé, Novartis, Novo Nordisk, L’Oréal, LVMH, AstraZeneca, SAP, Sanofi. Trips off the tongue, right? Granolas....
...The review might have used Albert Camus’ L’Étranger (The Outsider) as a more useful analogy. I say this because the crises Roy describes as “novel” are perhaps not so novel after all....
...Prior to leaving Grootbos, I spoke to marine biologist Alison Towner, who studies great white sharks in and around Walker Bay....
...Before I experienced Barkley L Hendricks’ revelatory retrospective at the Studio Museum in Harlem in 2008, I had never seen more than a couple of his works at a time....
...Additional reporting by Owen Walker...
...This was inspired by the performances of the experimental theatre group Taiwan Walker. “It’s all from my memories,” he says....
...At one end, astronaut Robert Lawrence, the first African-American in space, looks baffled, as if just landed on another planet. At the other, a glum guy in a hoodie turns away....
...Omega by Andrew Grima limited-edition c1970s gold and faceted-quartz-crystal Teak wristwatch, from the Jeux d’Or collection, POA, somlo.com Model, Robert Perry Smith at Chapter....
More than $400mn in deferred pay was wiped out after a state-orchestrated rescue by UBS
Swiss bank contested regulator’s justification for wiping out $17bn of bonds
Bankers contact lawyers over bond-linked rewards that were wiped out by UBS rescue
...L’hôtel de Maisons, however, wasn’t the first choice....
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