Bloomberg Business

UBS Signals Most of Credit Suisse Investment Bank to Shut

UBS Group AG has signaled it will shutter roughly two-thirds of Credit Suisse’s investment bank — including many trading operations — underlining the scale of job cuts to come as the Swiss bank absorbs its one-time rival.

Trump Inflated Assets by $2.2 Billion, NY Says in Fraud Case

Donald Trump and his company inflated the value of his assets by as much as $2.2 billion in a single year, according to a court filing by New York’s attorney general urging a judge to find the former president liable for fraud before a trial set to start in October.

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