Milo Djukanovic, who’s seeking another term as Montenegro’s president, won the most votes in a Sunday ballot though he fell short of outright victory, state broadcaster RTCG reported, citing a local polling group.
Colony Capital founder Tom Barrack is taking a leading role in advising First Republic Bank on its options as the lender races to avoid a collapse after a $30 billion rescue last week failed to assuage investors, according to people familiar with the matter.
The government-backed deal to fold Credit Suisse Group AG into UBS Group AG has the support of regulators globally, though it may alter the enlarged group’s capital requirements down the line, according to Switzerland’s top markets supervisor.
First Republic Bank was downgraded again Sunday by S&P Global Inc., days after the ratings firm cut the lender to junk.
