Bloomberg The former US ambassador to Ukraine faced down the president she still serves with a scathing account of how Donald Trump was played by corrupt actors eager to get her fired and expose American policy to political manipulation. Less than an hour after ambassador Marie Yovanovitch began testimony before the House impeachment inquiry, Trump weighed in with a tweet ...

Bloomberg Continuing low interest rates could dent US bank profits and push bankers into riskier behaviour that might threaten the nation’s financial stability, the Federal Reserve said in a report. The latest version of the twice-yearly report, meant to flag stability threats on the Fed’s radar, highlighted the rate squeeze facing banks and insurers, noting that it could erode lending ...

Bloomberg Singapore’s regulator fined UBS Group AG S$11.2 million ($8.2 million) for misconduct by its advisers that included overcharging clients for trades. UBS’s advisers engaged in acts that deceived or were likely to deceive clients about the spreads and prices on bond and structured product transactions, the Monetary Authority of Singapore (MAS) said. “The conduct of UBS through its representatives ...