Reuters in Zurich
Latest from Reuters in Zurich
Uefa general secretary Gianni Infantino entered the race for Fifa president on Monday as Asian soccer chief Sheikh Salman Bin Ebrahim al-Khalifa of Bahrain declared he had also put himself forward.
UBS revealed plans on Tuesday to wind down its fixed income business and fire 10,000 bankers, in one of the biggest bonfires of finance jobs since the implosion of Lehman Brothers in 2008.
Britain’s financial regulator fined UBS US$48 million for control failings that allowed Kweku Adoboli to cause over US$2 billion losses through unauthorised trading in London.