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Experts say a major Baltimore bridge collapsed because the Dali container ship was so huge. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBaltimore's Francis Scott Key Bridge collapsed on Tuesday morning after the container ship Dali collided with one of its supports. Engineering experts previously told Business Insider that the bridge — built in the 1970s — stood no chance of withstanding the impact from such an enormous vessel. This story is available exclusively to Business Insider subscribers.
Persons: Dali, , Baltimore's Francis Scott Key Organizations: Shipping, Service, Business Locations: Baltimore
UBS overhauls leadership at wealth management division
  + stars: | 2023-07-06 | by ( ) www.reuters.com   time to read: +2 min
ZURICH, July 6 (Reuters) - UBS's (UBSG.S) flagship global wealth management business on Thursday announced a raft of management changes triggered by the Swiss bank's takeover of Credit Suisse. Former Credit Suisse executive Michael Marr will become the head of Global Wealth Management Australia at UBS, according to a person familiar with the matter. The move marks the re-entry of UBS's wealth management business into Australia after several years. The decisions had been based on "fairness and meritocracy," said Iqbal Khan, the president of UBS Global Wealth Management, in a memo seen by Reuters. Thursday's announcement follows a raft of management changes UBS announced last month when it formally completed the takeover of its former rival.
Persons: Michael Marr, Puneet Matta, Lisa Golia, Morgan Stanley, Iqbal Khan, Khan, Sergio Ermotti, Ruben Mangold, Oliver Hirt, John Revill, David Evans Organizations: Credit Suisse, Former Credit Suisse, Global Wealth Management, UBS, UBS Global Wealth Management, Reuters, Credit Suisse's, Shipping Finance, Thomson Locations: ZURICH, Swiss, Australia, India, Dubai, London, Singapore, United States, Credit Suisse's Swiss
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