Catherine Bosley
latest news & developments
New UBS boss seeks fresh start after trading scandal
The new interim boss of UBS has been charged with reorganising its investment bank, a task which will take two to three years to complete.
UBS chief shoulders blame for ‘trading incident’
UBS’s chief executive Oswald Gruebel resigned on Saturday, taking the blame after its banking business lost $2.3-billion in alleged rogue trading.
Protesters clash with riot police in Davos
Anti-capitalist protesters threw bottles at riot police on Saturday and officers responded with water cannon as a small demonstration.
Cautious CEOs count on Brics for growth
Global business leaders pinned their hopes on roaring growth in emerging markets at the start of the annual Davos forum on Wednesday.