Barclays Plc Chief Executive Officer C.S. Venkatakrishnan said his firm’s moves to shuffle top leaders inside its investment bank and focus on new areas of growth have contributed to higher-than-usual attrition among dealmakers in recent months.
French President Emmanuel Macron said he hopes Ukraine’s counteroffensive “is as victorious as possible to be able to then launch a phase of negotiations in good conditions. But our support will last as long as necessary.” Macron spoke in Paris alongside German Chancellor Olaf Scholz and Polish President Andrzej Duda. At the White House, National Security Council spokesman John Kirby said “we’re going to refrain from providing an armchair assessment” of the Ukrainian offensive as it develops.
French President Emmanuel Macron said he hopes Ukraine’s military counteroffensive against Russian forces will be as successful as possible and lead to talks.
UBS Group AG is weighing office options including moving its New York City-based investment bankers to 11 Madison Ave., where Credit Suisse Group AG — the lender it just acquired — is a tenant.
Oil closed at a three-month low, extending last week’s losses after Goldman Sachs Group Inc. cut its forecast for the third time in six months.
President Joe Biden had a root-canal procedure after experiencing tooth pain, forcing him to postpone a Monday meeting with the leader of NATO and other White House events.
Secretary of State Antony Blinken said former President Donald Trump’s administration didn’t do enough to counter Chinese efforts to boost intelligence-gathering overseas after discovering that Beiijng had been operating a spy facility in Cuba since 2019.
Hedge funds extended their record selling streak of short-dated Treasuries amid bets the Federal Reserve’s fight with inflation is far from done.
Glencore Plc proposed buying Teck Resources Ltd.’s coal business as an alternative to its $23 billion takeover bid that the Canadian miner has repeatedly rejected, presenting the last twist in a fight that has transfixed the mining world for months.
The main shareholders at embattled Brazilian retailer Americanas SA tentatively have agreed to retain their stake for about three years as part of a restructuring plan, said people familiar with the matter.
