UBS hires former Credit Suisse star Khan as part of broader shakeup

Switzerland's biggest bank UBS on Thursday appointed former Credit Suisse manager Iqbal Khan to co-lead its flagship wealth management business, as part of a broader shake-up of its executive board.

Former CS banker Iqbal Khan to head UBS wealth management: TagesAnzeiger

Swiss bank UBS will appoint former Credit Suisse banker Iqbal Khan as head of its wealth management business, Swiss newspaper TagesAnzeiger reported on Wednesday, citing unnamed UBS sources.

U.S. money fund assets fall from highest since October 2009: iMoneyNet

U.S. money market fund assets fell this week, retreating from their highest level since October 2009, suggesting a pause in investors piling into these low-risk products amid trade and economic worries, a private survey released on Wednesday showed.

Three U.S. bond kings wield same strategy, get same result: lag their peers

Three names dominate the U.S. world of bond investing - Jeffrey Gundlach, Dan Ivascyn and Scott Minerd. But funds run by these star investors are lagging their respective benchmarks this year.

Credit Suisse to shift focus from branches to digital banking

Credit Suisse said on Monday it would invest hundreds of millions of francs in digital services and other parts of its Swiss division by the end of 2021 and said it no longer needed a bigger branch network in its home market than its rivals.

Powell's speech support U.S. rate-cut bets

U.S. interest rates futures rose on Friday as Federal Reserve Chair Jerome Powell said the central bank will do what it can to preserve the longest U.S. economic expansion on record, supporting bets on a further decline in key borrowing costs.

Rising trade tensions revive bets on deep U.S. rate cut

U.S. interest rates futures rallied on Friday as rising trade tensions between China and the United States revived bets the Federal Reserve may lower key borrowing costs by a bold half-point next month.

U.S. rates futures gain on China's tariff, Fed's Bullard

U.S. interest rates futures rose on Friday, erasing their earlier losses after China announced retaliatory tariffs on about $75 billion of U.S. imports, rekindling bets the trade war between the world's biggest economies would not end soon.

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