UBS Chief Ermotti wants to stay until 2021: report By Reuters

2019-11-17

ZURICH (Reuters) – UBS’s (S:) Sergio Ermotti wants to remain as chief executive of Switzerland’s biggest bank until 2021, Swiss website Finews reported on Monday, citing unnamed sources. There has been speculation about the 59-year-old’s departure date after Chairman Axel Weber said in January the time was right to considerRead More →

Asian markets slip on report of possible trade-deal delay

2019-11-06

Asian markets were mostly down in early trading Thursday as investors reined in earlier optimism of a pending trade deal between the U.S. and China. Reuters reported Wednesday that the “phase one” deal, which was hoped to be signed in mid-November, might be delayed until December, and that European locations,Read More →

Treasury yields hold steady as traders await jobs report

2019-10-04

U.S. Treasury yields held their ground on Friday as investors looked ahead to the official scorecard of the labor market’s health, amid growing questions about the longevity of the recordlong economic expansion. What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, -0.22% was down 0.7 basis point to 1.529%,Read More →

WeWork CEO Stepping Down – Report By Investing.com

2019-09-24

© Reuters. Investing.com: WeWork co-founder Adam Neumann is stepping down as CEO in the wake of the company’s delayed IPO, the New York Times reported Tuesday. Neumann was pressured by board members to give up his post, but will remain nonexecutive chairman of WeWork parent We Co., the Times said,Read More →