Bloomberg Business

Julius Baer Hires Two From UBS in Broad Leadership Reshuffle

Julius Baer Group Ltd. hired two executives from UBS Group AG in a broad management reshuffle that also positions Chief Operating Officer Nic Dreckmann as potential successor to Chief Executive Officer Philipp Rickenbacher.

Metro Bank Secures £925 Million Funding Package

Metro Bank Holdings Plc has clinched a £925 million ($1.1 billion) financing package, a deal that will impose a 40% haircut on some bondholders and see Colombian financier Jaime Gilinski take a controlling interest.

Chinese Oil Refiners Brush Off Threats to Iranian Oil Supply

Oil refiners across China are confident that flows from the Islamic Republic will continue unabated following militant group Hamas’ attack on Israel, betting Washington will seek to avoid a surge in global crude prices.

Starmer Pivots as Israel Crisis Overshadows Pitch to Lead UK

Keir Starmer was counting on using his Labour Party’s annual gathering to seal the deal with British business and raise his profile among an uncertain electorate. The opposition leader’s team has been forced to adapt with an international crisis dominating the headlines.

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