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Cian Burke had worked for the bank for almost 25 years

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Cian Burke, the head of securities services at HSBC, has died following a cycling accident at the weekend, the bank has confirmed.

Burke had worked at HSBC for almost 25 years.

HSBC securities services chief dies in cycling accident

Elizabeth Pfeuti

HSBC

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Central bankers have conceded that they underestimated the impact of interruptions to supply on prices, having been more used to focusing on demand surges as a source of inflation.

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The buyback program delivers on UBS’s plans to hand money back to shareholders after the Swiss government proposed tougher capital rules for the bank earlier this month.

The firm had big ambitions for three resorts with views of the Aegean Sea. It recently sold the properties, barely breaking even.

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By Miriam Gottfried | Photographs by Jason Henry for WSJ 

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Canada Rescinds Digital-Services Tax to Salvage Trade Discussions With U.S.

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