Bloomberg Business

The Swiss bank had no choice but to accept a marriage of convenience with its rival after a crisis of confidence swept across debt markets.

Anand Narayan, JPMorgan Chase & Co.’s most senior banker covering the infrastructure sector, is leaving.

Credit Suisse Group AG’s Middle Eastern shareholders, which together own about a fifth of the Swiss bank, are among some of the biggest losers in the turmoil that culminated with UBS Group AG agreeing to acquire the troubled lender at a steep discount.

The extent of the economic fallout from the banking crisis isn’t yet clear, but the turmoil will prompt regulators to take another look at rules governing the industry, according to Goldman Sachs Group Inc.’s Beth Hammack.

IndiGo, India’s top airline with an operational fleet of 302 aircraft and an order book of nearly 500 jets, has ample capacity to fuel its growth as well as take on intensifying competition, according to its top executive.

Japanese Prime Minister Fumio Kishida prodded his Indian counterpart Narendra Modi to speak against Russia’s invasion of Ukraine at their meeting on Monday, adding pressure on New Delhi to choose between major world democracies and a key supplier of energy and weapons.

Here are some notable charts to monitor in commodities markets over the coming days.

The riskiest bonds of European lenders are plunging after holders of Credit Suisse Group AG’s contingent convertible securities suffered a historic loss as part of its takeover by UBS Group AG.

The European Union proposed extending its target of reducing gas demand by 15% through next winter as it adjusts to lower Russian supplies.

Many commodities remained under pressure in the wake of UBS Group AG’s emergency purchase of Credit Suisse Group AG that aims to contain a banking crisis hurting the appeal of risk assets.