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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/chinas-ant-gives-trapped-investors-an-opportunity-to-cash-out-44d42d14
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/svb-customers-who-lost-their-deposits-remain-on-the-hook-for-loans-5df7963b
Persons: Dow Jones
UBS Brings Back Sergio Ermotti as CEO
  + stars: | 2023-03-29 | by ( Serena Ng | ) www.wsj.com   time to read: 1 min
Sergio Ermotti in Switzerland last year. UBS Group AG said its former leader Sergio Ermotti will return as chief executive, as the Swiss banking giant moves into a new era with its takeover of Credit Suisse Group AG. Mr. Ermotti, who previously ran UBS for nine years, will start on April 5 after the bank’s annual general meeting, it said.
Chinese Property Bonds Are Suddenly a Huge Winner
  + stars: | 2022-12-16 | by ( Serena Ng | ) www.wsj.com   time to read: 1 min
After being mired in distress and defaults for more than a year, Asia’s U.S. dollar junk-bond market has staged one of its biggest-ever rallies following an about-face by authorities in China on Covid-19 and housing policies. The jury is still out on when—and whether—the market can recover to a point where most junk-rated companies can raise money again.
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