Credit Suisse’s Banker to Russian Billionaires Retained by UBS
Credit Suisse’s go-to banker for Russian billionaires has been retained by UBS Group AG, in one of the highest-profile moves yet for the merged bank’s wealth management business.
Bloomberg Business
More US Firms Offer Student Loan Help to Debt-Burdened Grads
With student loan payments set to resume this fall, employers offering help may gain an edge in recruiting soon-to-be graduates.
Apollo.io Is Valued at $1.6 Billion in Sales Tech Financing
Sales technology platform Apollo.io says it has raised $100 million in new financing at a $1.6 billion valuation.
Russia’s Seaborne Crude Flow Surges to Hit an Eight-Week High
Shipments from Baltic ports climb ahead of an easing of exports curbs
China Distress Mounts as Country Garden Tries to Dodge Default
China is flashing new signs of financial stress almost on a daily basis, with a property giant making fresh efforts to avoid default and a state-run bad debt manager suffering a bond slump on worries about its own health.
States Put New Spin on Pay Gap Laws With Promotion Transparency
Rules will require employees to receive notice on job opportunities.
J-Pop Talent Agency Hid Founder’s Sexual Abuse, Report Finds
Influential J-Pop talent agency Johnny & Associates actively covered up sexual abuse and harassment by the firm’s deceased founder, and its current President Julie Keiko Fujishima should resign, an independent investigation concluded in a report released Tuesday.
ECB Pushes Banks to Take Hit on Loans to Austrian Tycoon Benko’s Business Empire
The European Central Bank is telling several lenders to the businesses of Austrian real estate tycoon Rene Benko to take a financial hit on related exposures, according to people familiar with the matter.
China Stocks Post Measured Gains, Settle After Monday Whiplash
Chinese stocks added to their advance from Monday as some investors saw merit in Beijing’s latest measures to invigorate markets, even as doubts persisted over their long-term impact.
Kosovo Premier Urges Fixing Ties With Serbia Before US Elections
Serbia and Kosovo need to pursue a deal to mend ties before their allies become preoccupied with elections in the US and the European Union, according to the Kosovar prime minister.
