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New Swiss bank laws could derail UBS’ challenge to Wall Street giants

Sergio Ermotti, CEO of Swiss banking giant UBS, during the group’s annual shareholders meeting in Zurich on May 2, 2013.  Fabrice Coffrini | Afp | Getty Images Switzerland’s tough new banking regulations create a “lose-lose situation” for UBS and may limit its potential to challenge Wall Street giants, according to Beat Wittmann, partner at Zurich-based Porta Advisors. In a 209-page …

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Champions League quarterfinals deliver the drama, and the goals; USWNT win SheBelieves Cup after penalties

Happy Wednesday! There was no shortage of entertaining soccer on Tuesday between the Champions League and the USWNT’s win over Canada. I’m Pardeep Cattry with a midweek check-in on the latest. 📺 Footy fix All times U.S./Eastern Wednesday, April 10🇪🇺 UCL: PSG vs. Barcelona, 3 p.m. ➡️ CBS, Paramount+🇪🇺 UCL: Atleti vs. Dortmund, 3 p.m. ➡️ Paramount+🌍 CCC: Monterrey vs. …

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China will still be the world’s top growth driver, says the ADB

Flag of China on dark blue background Da-kuk | E+ | Getty Images China will remain the largest growth engine for the world economy in spite of its slowdown, the Asian Development Bank said. “China is obviously going to still be important for some time to come. They still account for nearly half of GDP in Asia Pacific,” ADB’s chief …

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