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Czech parliament speaker to visit Taiwan amid row with china

  Bloomberg The speaker of Czech parliament said she will visit Taiwan, a day after China lashed out at the nation’s president elect for saying he favored a stronger partnership with Taiwan. Marketa Pekarova Adamova said she talked to Taiwanese Foreign Minister Joseph Wu on Wednesday about her visit planned for March. Just a day earlier, China called comments made ...

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Credit Suisse to move private funds group to First Boston unit

  Bloomberg Credit Suisse Group AG plans to shift an asset management business that helps buyout firms raise funds to its First Boston spinout as the firm works to reshape its investment bank after losses. Internal discussions are taking place on moving the Private Funds Group, co-headed by David Klein in the US and Michael Murphy in London, to First ...

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UniCredit, UBS vow $12b bonanza for shareholders

  Bloomberg Europe’s largest banks kicked off earnings season with pledges to return more than $12 billion to shareholders, following an interest rate bonanza that’s bolstering lenders from Milan to Stockholm. UBS Group AG Chief Executive Officer Ralph Hamers vowed to return more than $6.7 billion to shareholders this year, after income from lending to wealthy clients surged in the ...

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