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Deadly fungus infection found in Covid patients in India

Bloomberg India’s health authorities warned about a fungal infection seen in some Covid-19 patients which can disfigure facial features and even kill, as the country continues to grapple with the world’s fastest-growing coronavirus outbreak. Mucormycosis, also called the “black fungus” infection, can damage the sinuses or lungs when the spores are inhaled, the Indian Council of Medical Research (ICMR) said ...

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UBS bankers get $40,000 bonus on promotion to associate level

Bloomberg UBS Group AG will pay a $40,000 one-time bonus to its global banking analysts when they are promoted, doubling what some competitors are offering, as lenders seek to reward younger employees weighed down by a surge in dealmaking. Starting as soon as this month the Swiss bank will pay the sign-on bonus to analysts promoted to associates on top ...

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Nomura moves past Archegos with Australia, New Zealand tie ups

Bloomberg Nomura Holdings Inc. announced business partnerships at home, Australia and New Zealand as Japan’s biggest brokerage seeks to move past a $2.9 billion hit from the implosion of Archegos Capital Management. Nomura signed an agreement with three regional Japanese banks to set up a joint venture to provide remote financial consulting services. It also struck up an alliance with ...

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