Swiss banking giant UBS has hired Britain’s former representative to the European Union, Jonathan Hill, to advise its clients on Brexit. The Conservative politician – who was also leader of the House of Lords in David Cameron’s cabinet – has taken up the role of senior adviser to corporate clients at UBS. He is the…
FRANKFURT — Europe has taken a small step in its long march toward economic normalcy. The European Central Bank said on Thursday that it had pondered how to wind down its easy money policies, an enormous stimulus program aimed at promoting growth and inflation in the eurozone. But the bank also postponed a decision on…
What will technological change deliver in the coming decades? Higher unemployment? Or a wealth of new job opportunities? And what can we do to determine the outcome? Technological change in any given society is never smooth and always negotiated. Although both perils and opportunities await, the ultimate result depends on our choices today. Governments, businesses,…
John Cryan says bubbles are emerging in parts of market ahead of European Central Bank monetary policy meeting. It is time to start raising interest rates, the chief executive of Deutsche Bank has said, warning that bubbles are emerging in parts of the market. Speaking in Frankfurt, John Cryan said: “The era of cheap money in Europe…
