UBS has suspended withdrawals from a €400mn European real estate fund for up to three years, in a dramatic move that underscores growing investor anxiety over global economic instability linked to escalating
Chinese exporters are beginning to reassess years of offshore investment in Southeast Asia as the latest wave of US tariffs and restrictions on “transshipment” force a major rethink of regional supply chain
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Shares in Europe’s largest banks have surged to their highest levels since the 2008 global financial crisis, buoyed by a sharp rise in long-term interest rates and a renewed investor appetite for
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A Hong Kong court has ordered a freeze on a key HSBC bank account at the center of a high-profile legal battle involving the multibillion-dollar inheritance of Zong Qinghou, the late founder
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A new generation of crypto lenders is pushing the boundaries of risk with innovative digital asset loans, three years after a devastating market crash led to widespread insolvencies in the sector. San
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JPMorgan Chase & Co. is expanding its research coverage to include private companies — starting with one of the sector’s most watched names, OpenAI. The Wall Street giant launched its first-ever research
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For over two decades, Jane Street Group maintained an aura of mystery — a trading juggernaut with no publicly named CEO, guarded communication policies, and an office famously adorned with the WWII
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Linda Yaccarino, the chief executive of X (formerly Twitter), has announced her resignation, stepping down just two years after being appointed by Elon Musk to lead the platform’s transformation. In a statement
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The European Union has voted to remove the United Arab Emirates (UAE) and Gibraltar from its “grey list” of countries with inadequate money laundering and counter-terrorism financing (AML/CFT) controls. The decision, passed
More Leading U.S. private equity firms have abruptly paused their controversial “on-cycle” recruitment process, a practice that involved hiring promising college graduates for roles set to begin several years in the future. The
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UBS has made approximately 100 “goodwill payments” to clients in Switzerland who suffered steep losses on foreign exchange derivatives after market turmoil sparked by former U.S. President Donald Trump’s April 2 “liberation
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