Swiss Central Bank Ready to Provide Support to Credit Suisse
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UBS makes Ermotti best-paid European bank boss
Swiss lender awards returning chief executive $15.9mn for steering integration of Credit SuisseFinancial Times - Business -
UBS CEO Ermotti to Steer Credit Suisse Integration
UBS said said Sergio Ermotti is set to stay as chief executive officer to see through the integration of Credit Suisse, and sought to address concerns about its size and potential needs for tighter regulation.The Wall Street Journal - World -
UBS CEO Ermotti to Steer Credit Suisse Integration
UBS said said Sergio Ermotti is set to stay as chief executive officer to see through the integration of Credit Suisse, and sought to address concerns about its size and potential needs for tighter regulation.The Wall Street Journal - Business -
A turning point in central banking
Last week’s monetary policy moves mark a shift away from strict inflation targetingFinancial Times - World -
Swiss find Lebanon’s biggest bank guilty of serious money laundering breaches
Finma uncovers millions of francs in unexplained payments by Banque Audi to senior political figuresFinancial Times - Business -
Inflation Requires Caution for Brazil's Central Bank
Brazil’s central bank may have room to keep easing monetary policy gradually, but “core-services inflation underlying dynamics merit attention,” Goldman Sachs’ Alberto Ramos says.The Wall Street Journal - World - Inflation -
UBS said Sergio Ermotti would stay on as chief executive officer to see through the integration of Credit Suisse.
UBS said Sergio Ermotti would stay on as chief executive officer to see through the integration of Credit Suisse.The Wall Street Journal - World -
UBS chief's surprise return to the Swiss banking giant bagged him a $15.9 million paycheck
UBS CEO Sergio Ermotti earned 14.4 million Swiss francs ($15.9 million) in 2023 after his surprise return to the helm of the Swiss banking giant.CNBC - Business -
Extremism endangers Germany's prosperity, warns central bank chief
Yahoo News - World -
Polish central bank chief seeks truce with Tusk over ‘idiotic’ accusations
Adam Glapiński insists he did not abuse his powers in bid to keep Law and Justice party in powerFinancial Times - World -
Visa, Mastercard and the largest U.S. credit-card issuing banks agreed to a settlement with merchants over the fees charged for swiping credit cards.
Visa, Mastercard and the largest U.S. credit-card issuing banks agreed to a settlement with merchants over the fees charged for swiping credit cards.The Wall Street Journal - World -
Canada's Poor Productivity Has Reached Emergency Status, Senior Central Bank Official Says
Bank of Canada’s senior deputy governor, Carolyn Rogers, warns that a turnaround is urgently needed to protect the economy from future bouts of inflation.The Wall Street Journal - World -
Nigeria's central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis
The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa's largest economy looks to recover from a historic currency crisis and soaring inflation.CNBC - Business -
Poland's ruling coalition wants the central bank chief tried in court over hurting state interests
Lawmakers with Poland’s ruling pro-European Union coalition have launched a rare process to bring the central bank chief before a special court on allegations of acting against the country’s financial interestsABC News - World -
Poland's ruling coalition wants the central bank chief tried in court over hurting state interests
Yahoo News - World -
Inside the elite Swiss school for hotel managers
As befits a country that runs like clockwork, a university-level institution is coaching students in the exacting standards of high-end hospitalityFinancial Times - World -
Rail route of the month: cheese, chocolate and a magical ride to the Swiss town of Gruyères
The scenery – and delicacies – get better and better for our slow travel expert as she takes a local train through Canton Fribourg to a beautiful medieval village. It was a handpainted sign on a wooden barn that piqued my interest in Gruyères. I ...The Guardian - World -
How to consolidate credit card debt
Debt consolidation can help you pay off your credit cards faster. Learn more about consolidating your debt here.CBS News - Top stories -
Is Europe battle-ready?
Decades of under-investment in defence have left the region vulnerableFinancial Times - World - Europe -
Redefining Your Banking Relationship
Banking is a partnership, not a transaction. And it can help Black women overcome systemic financial hurdles.Inc. - Business -
The Lone Volcano in California’s Central Valley
Often called “the world’s smallest mountain range,” the Sutter Buttes are an unlikely and beloved landmark in one of the flattest parts of the state.The New York Times - Top stories - California -
The Secret Salary Survey That Provides N.F.L. Coaches With Leverage
In a league structured to create parity, paying coaches is one potential avenue for competitive advantages.The New York Times - Sports - NFL -
Consumer Credit Lender CURO Files for Bankruptcy Under Heavy Debt Load
Company expects to reduce its debt by roughly $1 billion and save $75 million in annual cash interest payments through restructuring.The Wall Street Journal - World -
The Fallout From the Credit Card Swipe Fee Fight
A proposed settlement between Visa and Mastercard and merchants on swipe fees promises savings, but it may also alter the economics of premium credit cards.The New York Times - Business -
Private-Credit Firms Awash in Cash Boost Hiring
Private-credit firms stoked by surging demand for nonbank lending are pulling out all the stops to hire talent, driving up overall compensation levels and sometimes taking each other to court.The Wall Street Journal - World -
Barclays bank payments restored after outage
The bank has apologised as some customers experienced issues with payments into and out of accounts.BBC News - Top stories -
Tractors brought to Parliament in farmers' protest
Farmers from across the UK drive tractors to Westminster to protest a lack of support for food producers.BBC News - Top stories -
Who will win the battle for the Central Division crown?
The Avs, Stars and Jets are battling for the No. 1 seed -- and the Preds could make a run. Plus, updated playoff projections, draft lottery standings.ESPN - Sports -
Charity support funds loss will be 'devastating'
Support funds set up in response to the Covid-19 pandemic are due to end this month.BBC News - Top stories -
EU to provide €165mn for Tunisian security forces to curb migration
Funding comes as bloc faces political pressure to cut arrival numbersFinancial Times - Business - European Union -
Merger of Trump’s Social Media Firm Could Provide Him Needed Cash
The former president’s social media company is finally set to go public. He could borrow against the value of his stake in the company.The New York Times - Business - Donald Trump -
Texas medical panel won't provide list of exceptions to abortion ban
A Texas medical panel has rebuffed calls to list specific exceptions to one of the most restrictive abortions bans in the U.S., which physicians say is dangerously unclear and has forced women with serious pregnancy complications to leave the stateABC News - Health - Abortion -
49ers GM Lynch provides Greenlaw, Hufanga injury updates
49ers general manager John Lynch provided injury updates for Dre Greenlaw and Talanoa Hufanga.Yahoo Sports - Sports - NFL -
Kobbie Mainoo provides spark but England’s defensive frailty remains | Jacob Steinberg
The Manchester United midfielder showed he deserves a chance to impress at Euro 2024 but injuries have left Gareth Southgate’s side looking shaky at the back. The urge to linger on Kobbie Mainoo’s very un‑English piece of midfield play was ...The Guardian - World -
Carnival provides estimate of what the Baltimore bridge collapse will cost it
Carnival Corp.’s stock dropped Wednesday after the cruise operator reported an narrower-than-expected fiscal first-quarter loss but also provided an estimate for what the collapse of the Francis Scott Key Bridge in Baltimore would cost it this year.MarketWatch - Business -
Ukraine's soccer victory provides welcome distraction from tragedy of war
Ukrainians have expressed gratitude toward their men’s soccer team for qualifying for the European ChampionshipABC News - Sports - Ukraine -
Pelago, Provider of Virtual Substance-Abuse Therapy, Raises $58 Million
The startup’s business model ties its revenue to outcomes for self-insured companies. It plans to use its latest fundraising to prevent addiction outright.The Wall Street Journal - World -
Mortgage rates fall, providing some relief to home buyers
The U.S. 30-year mortgage rate is averaging at 6.79% Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business - Mortgage -
UN court orders Israel to provide more aid to the Gaza Strip
Yahoo News - World - Israel -
Watch: Waiters race through Paris with croissants
The competition for waiters and waitresses began in 1914, but has not been held since 2011 due to lack of sponsors.BBC News - Top stories