Bloomberg UBS Group AG will allow some of its US employees to work remotely full-time, offering flexibility to staff as it seeks to lure and retain talent. The Swiss bank expects about 10% of its workers in the US to go remote as the program is implemented in phases, starting at the wealth unit, Tom Naratil, president of UBS ...

  Bloomberg Barclays Plc plans to step up its financing of renewable energy as Russia’s war on Ukraine adds to the urgency of moving away from fossil fuels. “The appalling invasion of Ukraine has made it even more imperative to accelerate the energy transition,” Barclays Chairman Nigel Higgins said. Barclays expects that recent events will boost “demand for investment in ...

  Bloomberg Banco de Sabadell SA is pulling out of a credit facility for Trafigura Group, highlighting the growing nervousness about the commodity trading sector as soaring prices create a liquidity squeeze. While the Spanish bank is just one out of more than 100 institutions that fund Trafigura and is not a major lender to the trading house, its move ...