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...UBS has made Sergio Ermotti Europe’s best-paid bank boss less than a year after he returned to the lender, saying the Swiss executive had successfully steered the integration of rival Credit Suisse....
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...Joining Rio after a career as an investment banker at JPMorgan in New York and London, Baatar has developed a reputation as one of the mining industry’s most dynamic executives, with a capacity to fix complicated...
...party into a potential kingmaker....
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...“I am very pleased that we as Rio Tinto can now, in a more unconstrained way, grab the opportunities in this world.”...
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...Sergio Moro was once one of Brazil’s most popular public figures....
...Early in December, several Rio Tinto insiders actioned trades in relation to the mining group’s bonus deferral awards....
...I’m not in the forecasting business, but my guess is that ESG will in a few years reside on the slag heap of alphabet ideologies. But I predict there will be a replacement for it....
...Luiz Maciel, chief economist of Brazil macro at Bahia Asset Management in Rio de Janeiro, said the proposed amendments nevertheless sent a “negative message”....
...UBS chief executive Sergio Ermotti has called for greater powers for Switzerland’s financial regulator and sanctions for negligent bankers in the wake of Credit Suisse’s collapse....
...After mainstream pro-business coalition Juntos por el Cambio, or JxC, was eliminated in October’s first round of voting, the country will now decide between Sergio Massa, economy minister in the centre-left...
...Additional reporting by Sérgio Aníbal in Lisbon and Carmen Muela in Madrid...
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...“I discussed it at dinner with Sergio when he agreed to come back,” said Kelleher. “There is a lot of life in him, but he is not as young as some people.”...
...The outgoing prime minister, a Socialist, has consistently denied wrongdoing and said he has a clear conscience....
...I leave with my head held high and with a clear conscience.”Among the projects under investigation are a hydrogen production plant and the construction of a data centre, both in the town of Sines....
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