Bloomberg Business

UBS Inherits Legacy of Legal Headaches From Credit Suisse

When UBS Group AG integrates Credit Suisse Group AG in the coming months, the Swiss bank plans to run staff from the scandal-prone former rival through what Chairman Colm Kelleher dubbed a “culture filter” to weed out potential bad apples.

Flutter’s Basketball Bets Reap US Market Share: The London Rush

Gambling company Flutter said its additional listing in the United States will bring “strategic and capital markets benefits,” setting it up for its next stage of growth. It begs the question: what can they access in the States that they can’t get in London? It appears the FCA has been wondering the same. Late last night it proposed “significant changes” to the UK’s listing rules that includes getting rid of the premium listing segment, for one single category.