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Bolsonaro released from hospital after discomfort

  Bloomberg Brazilian President Jair Bolsonaro was released from the hospital early Tuesday, less than 12 hours after being admitted due to abdominal discomfort. Local TV news network GloboNews showed images of a presidential convoy of cars leaving the hospital on Tuesday in Brasilia as part of its report of the discharge. While the government didn’t immediately provide additional details ...

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Bank of China sees fastest profit growth since 2013

  Bloomberg Bank of China Ltd. reported its biggest profit increase in almost a decade last year as lending momentum recovered in the second year of the pandemic and a build-up in bad loans eased. Net income jumped 12.3% from a year earlier to 216.6 billion yuan ($34 billion) in 2021, the lender said in a filing. That beat a ...

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UBS reduces equity capital markets jobs

  Bloomberg UBS Group AG is laying off equity capital markets bankers because of a sharp decline in revenue after a slowdown in deal-making across the industry, according to people familiar with the matter. The Swiss firm began laying off a handful of bankers in equity linked and capital markets in Europe and Africa this month, the people said, asking ...

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