Bloomberg The abrupt departure of a potential heir apparent at Credit Suisse Group AG marks a compelling twist in the power plays transfixing Zurich’s intimate private banking world. Iqbal Khan’s leaving as head of Credit Suisse’s international wealth-management unit confirmed persistent speculation that he’d been in talks with crosstown rivals including UBS Group AG and Julius Baer Ltd. The executive ...

Bloomberg Southwest Airlines Co, the largest operator of the grounded Boeing Co 737 Max, said the discovery of a new safety issue with the jetliner is extending its absence “well beyond” what was hoped, forcing the carrier to reassess its schedule for the rest of the year. The latest problem, “unfortunately, is going to delay the timeline for returning the ...

Bloomberg It remains the mystery at the heart of Boeing Co’s 737 Max crisis: how a company renowned for meticulous design made seemingly basic software mistakes leading to a pair of deadly crashes. Longtime Boeing engineers say the effort was complicated by a push to outsource work to lower-paid contractors. The Max software — plagued by issues that could keep ...