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UBS to make Orcel wait for new CEO gig

Bloomberg Andrea Orcel, the former top dealmaker at UBS Group AG, will have to wait until April to take on his new role as chief executive officer at Banco Santander SA after the Swiss bank decided to enforce his entire six-month garden leave, people familiar with the matter said. Orcel was expected to make the move early in the first ...

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Policy stability seen as African central bankers’ terms end

Bloomberg The possible replacement of the governors of three key African central banks this year could yield an unexpected surprise: policy stability. Time is running out on the first terms of Nigeria’s Godwin Emefiele, Kenya’s Patrick Njoroge and South Africa’s Lesetja Kganyago. While all three are eligible to serve another term at the helms of their central banks, this isn’t ...

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Some airport security lanes to close as shutdown pinches TSA

Bloomberg The Transportation Security Administration (TSA) plans to begin closing a handful of security checkpoints at airports around the US as soon as this weekend in response to staff shortages as impacts of the three-week partial federal government shutdown begin to expand. Miami International Airport has shut one of its concourses for several days and has moved flights to other ...

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