Bloomberg UBS Group AG increased pay for junior bankers in the US for a second time in less than a year, bringing the Swiss lender in line with Wall Street rivals trying to stem defections amid a race for talent. UBS increased base salaries for first-year analysts to $110,000, according to a person familiar with the matter who asked ...

  Bloomberg The UK announced a plan for government oversight of stablecoins and said it would consult on regulating a wider set of cryptoasset activities, signalling engagement with an industry it has clashed with at times as digital assets gain mainstream appeal. The government will amend existing legislation for electronic payments to bring stablecoins — a form of cryptoasset that ...

  Bloomberg Pakistan’s top central banker pledged policy actions “on a timely basis” to ensure stability amid a political shakeup and deteriorating economy. The comments from State Bank of Pakistan Governor Reza Baqir come as lawmakers choose Shehbaz Sharif as prime minister after Imran Khan was ousted in a no-confidence vote. Khan’s downfall was accelerated by inflation running faster than ...