Real estate developer says it expects $6.2bn annual loss and announces sudden resignation of chair and chief executive
Romeo Lacher will not seek re-election, triggering new reshuffle at Swiss wealth manager following Signa crisis
Booming secondary market as pension funds and buyout groups seek alternative ways to cash out
Lenders warn rules will harm City’s competitiveness and impose ‘significant costs’ on the sector
Risk of a systemic financial event stemming from bank purchases of the country’s bonds is low, analysts say