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House panel plans eight hearings on Capitol riot

Bloomberg The findings of a House select committee’s investigation into the January 6, 2021 insurrection at the Capitol will be presented to the nation in eight separate public hearings spread out over June, the panel’s chairman said. Planning is under way for a mixture of televised hearings in prime-time and others to occur during the daytime, Representative Bennie Thompson, a ...

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UBS becomes third global bank to lose China boss this month

  Bloomberg UBS Group AG’s David Chin is stepping down as China country head, the third senior executive at a global lender in the nation to exit this month as bankers are hobbled by a strict Covid Zero strategy and a crackdown on private enterprise. After two years in the role, Chin will be succeeded by Eugene Qian, chairman of ...

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HSBC warns of China headwinds, more real estate loan losses

  Bloomberg HSBC Holdings Plc, the largest foreign bank in China, warned of further potential hits from the nation’s battered real estate market as defaults continue to climb amid a worsening Covid-19 outbreak. “It’s a big call to say that we’ve seen the worst,” Ewen Stevenson, HSBC’s chief financial officer, said in an interview with Bloomberg News. “Do I think ...

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