Wealth management business helps drive Swiss lender’s $1.8bn in net profit
A regulatory clampdown has led to lower inflows, a falling share price and talk that the wealth manager could face a takeover bid
Plus, Hollywood heavyweights back Skydance’s Paramount bid and boutique banks make a killing on distressed deals
Industry plays vital role in spreading risk but the business model is changing
The capital regains its appeal to homebuyers as more people return to the office