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UBS investment banking co-head plans to quit

  Bloomberg UBS Group AG’s Asia investment banking co-head, Saurabh Beniwal, is planning to leave as the bank trims senior management ranks in the region, people familiar with the matter said. Beniwal, who was appointed in November as co-head of corporate client solutions in Asia, will depart UBS by the end of this year, according to the people. Joseph Chee ...

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How entangled with Russia is Trump?

  WASHINGTON To gauge the opportunism and hypocrisy that define Donald Trump’s Republican Party, consider this: Imagine the scalding rhetoric that would have boiled from the likes of Newt Gingrich, that Metternich of many green rooms, if Hillary Clinton had offhandedly undermined the collective security architecture of U.S. foreign policy since NATO was created in 1949. Vladimir Putin’s regime is ...

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Turkey must restore financial faith

The Turkey turmoil triggered by a botched coup is weighing heavy on the psyche of the investors. They are alarmed. Worse, the spreading post-putsch purge of dissent is adding to the concerns of the businesses and companies. They are quite lost as what to do next. The lira has plummeted, equities have been dumped, the tourism sector is in a ...

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