Bank of America Corp. has promoted Thorsten Pauli to lead the bank’s Asia Pacific Global Capital Markets unit, adding to a flurry of changes in the region.
Signage at a Bank of America branch in New York, US, on Saturday, Oct. 5, 2024. Bank of America Corp. is scheduled to release earnings figures on Oct. 15.
Swiss voters opted to play it safe on Sunday, rejecting an unprecedented proposal to cap the country’s population at 10 million people as economic risks overcame elevated concerns about immigration.
Swiss voters opted to play it safe on Sunday, rejecting an unprecedented proposal to cap the country’s population at 10 million people as economic risks overcame elevated concerns about immigration.
Swiss voters opted to play it safe on Sunday, rejecting an unprecedented proposal to cap the country’s population at 10 million people as economic risks overcame elevated concerns about immigration.
The rationale for mergers and acquisitions among European banks is rising even in the face of hurdles to cross-border tie ups, according to one of the region’s top financials deal-makers.
World Economic Forum Chief Executive Officer Børge Brende is stepping down from his position after it emerged he had ties with convicted pedophile Jeffrey Epstein.
UBS Group AG’s Chief Executive Officer Sergio Ermotti says his business is benefiting from the global political gyrations that are prompting clients to shift their portfolios, and expects that to continue for years to come.
Whether it’s in pharmaceuticals, artificial intelligence, or defense, executives attending the World Economic Forum in Davos this week had a stark warning for Europe: Get your house in order or lose out to the US and China.
Signage at the World Economic Forum (WEF) in Davos, Switzerland, on Friday, Jan. 23, 2026. The annual Davos gathering of political leaders, top executives and celebrities runs from Jan. 19-23.
Nestlé SA is forging ahead with the sale of a stake in its €5 billion ($5.8 billion) water business, which includes the well-known brands Perrier and S.Pellegrino, people familiar with the matter said.
Larry Fink, the interim co-chief of the World Economic Forum, is openly musing about a venue change for the flagship event that would take the annual January meeting outside of Switzerland.
Larry Fink in Davos on Jan. 20. Photographer: Krisztian Bocsi/Bloomberg
Larry Fink, the interim co-chief of the World Economic Forum, is openly musing about a venue change for the flagship event that would take the annual January meeting outside of Switzerland.
Larry Fink in Davos on Jan. 20. Photographer: Krisztian Bocsi/Bloomberg
Larry Fink, the interim co-chief of the World Economic Forum, is openly musing about a venue change for the flagship event that would take the annual January meeting outside of Switzerland.
Larry Fink in Davos on Jan. 20. Photographer: Krisztian Bocsi/Bloomberg
Zurich Insurance Group AG has gone public with a £7.67 billion ($10.3 billion) bid to buy Beazley Plc, increasing pressure on the UK-listed company it’s been wooing for more than 12 months.
HSBC Holdings Plc is exploring options for its insurance unit in Singapore, including a sale, people familiar with the matter said, following other business revamps globally under Chief Executive Officer Georges Elhedery.