Comment: Why UBS should cling to investment banking

If UBS is wondering how it might add to the litany of bad decisions that launched its sub-prime adventure and led to $40bn of writedowns, then it should bow to pressure to sell its investment banking division.

The idea of UBS selling its investment bank would constitute a terrifying unravelling of its history but it is a real possibility now that one of the architects of that history, Marcel Ospel, has stepped down as chairman.

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How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line