Bloomberg Business

Under Armour Names Marriott’s Linnartz as Next CEO

(Bloomberg) — Under Armour Inc. named Marriott International Inc.’s Stephanie Linnartz as its new chief executive officer, with the incoming executive charged with recapturing the growth from the sportswear company’s earlier years. 

These Were the Best Trades in 2022

In a year when soaring inflation and sinking growth rocked corporate boardrooms and Wall Street trading floors, some nooks of the stock market gave investors shelter to hide out.

Investors Trapped in Russian Bonds Find Buyers in Kazakhstan

Kazakh financial firms have been scooping up Russian government debt at a steep discount from investors unable to exit the market because of sanctions and other restrictions imposed after the invasion of Ukraine, according to people familiar with the matter.

JPMorgan’s Credit-Trading Loss Hinged on Internal Valuations

JPMorgan Chase & Co.’s loss-making bets on European bonds and credit-default swaps have sparked queries from market participants disgruntled by what they saw as out-of-step prices and aggressive tactics and saw the bank scrutinize how its positions were valued.

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