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Ardern resignation a loss to small club of women leaders

Bloomberg The surprise resignation of New Zealand Prime Minister Jacinda Ardern is a major loss to the small club of women leaders around the world. Though other women lead bigger countries, Ardern was one of the highest profile heads of government and a beacon for many feminists around the world. She became the youngest female government leader when she took ...

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Credit Suisse to pay upfront cash bonuses to senior staff

  Bloomberg Credit Suisse Group AG will pay its senior bankers an upfront cash award again this year, as executives attempt to incentivise staff to stick with the troubled lender as it undergoes a broad restructuring. Managing directors and directors in most locations will be paid the cash component of their variable 2022 compensation straight away, according to an internal ...

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StanChart trader sees yuan resuming gains

  Bloomberg China’s yuan is poised to resume its advance as the removal of Covid curbs supercharges economic recovery in 2023, according to a veteran trader at Standard Chartered Plc. “The yuan is more likely to go to 6.5 per dollar than to 7 within the next three to six months,” said Charles Feng, head of macro trading for Greater ...

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