Former Fed Chairs Criticize Investigation into Powell

Former Fed Chairs Condemn Powell Investigation

All former living Federal Reserve Chairs have jointly condemned the federal criminal investigation into current Chairman Jerome Powell. This unprecedented move highlights the significant concern among past leaders regarding the implications of the investigation on the Federal Reserve’s independence.

UBS CEO’s Potential Exit Sparks Succession Race

UBS CEO Sergio Ermotti is reportedly considering stepping down next year, igniting a competitive succession race for one of the most challenging roles in European banking. His departure could significantly impact the bank’s strategic direction and leadership landscape in the region.