UBS Group AG is the world’s biggest wealth manager. On Monday named Iqbal Khan as the sole head of the Swiss bank’s global wealth management division. Naureen Hassan, the second-ranking officer at the New York Federal Reserve, will replace Tom Naratil as president of UBS Americas. UBS Group AG (UBSG.S), the world’s greatest abundance chief, … Read more
Sheryl Sandberg’s use of company resources is under investigation by Facebook-parent Meta Platforms, WSJ reports. Several employees have been interviewed in connection with the probe, sources say. The probe has been underway since at least last fall, sources tell the Wall Street Journal. Attorneys are examining Meta Platforms Inc’s cordial activities boss Sheryl Sandberg’s utilization … Read more
Hedge funds posted negative performance in May, accentuating their losses this year to almost 3%. The fund-weighted composite index went down 0.58% amid volatility in equities, bonds, and commodities. Still, 40% of the hedge funds compiled posted gains. Mutual funds posted negative execution in May, emphasizing their misfortunes this year to practically 3%, as financial … Read more
BEIJING: Pakistan is a country with a population of more than 200 million and has a huge consumer market. Population and resources are huge advantages for the development of service trade, and their labour force is very young, a Chinese expert said on Saturday. Zhang Wei, chief expert of China Association of Trade in Services, … Read more
Prime Minister Imran Khan said no negligence will be tolerated in provision of best possible healthcare facilities to the masses and that all resources will be provided to ensure quality of education. He chaired a meeting in Islamabad on Tuesday regarding health, education and other civic facilities of the federal capital. He directed health secretary … Read more
