Bloomberg An offshore unit of Credit Suisse Group AG goes to court in a case that could lift the lid on how a rogue Geneva employee got away with defrauding some of the firm’s richest clients for nearly a decade. Georgian billionaire and former prime minister Bidzina Ivanishvili accuses Credit Suisse Life (Bermuda) Ltd of failing to stop the late ...

Bloomberg Two UBS Group AG portfolio managers are leaving after a $3 billion fund got caught up in China’s high-yield bond meltdown. Singapore-based Jiayi Yew and China-based Brian Lou will depart the bank in January, a UBS spokesperson confirmed. Both report to Ross Dilkes, the lead manager of the Asian High Yield fund who is also leaving the firm after ...

Bloomberg Asian stocks were mixed on Monday amid data showing steadier economic growth in China as well as ongoing challenges in the nation’s troubled property sector. Treasuries were steady and the dollar slipped. Shares fluctuated in Hong Kong and dipped in China, where traders weighed stronger-than-expected retail sales and industrial output, central bank liquidity support and a drop in home ...