Finance

UBS overhauls wealth management leadership in wider board shake-up

LONDON — UBS on Thursday announced a shake-up of its executive board in the latest phase of a radical overhaul…

BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%

The boss of Swedish financial technology startup Trustly says an initial public offering for the company is still a year…

Stocks making the biggest moves after hours: Salesforce, UiPath, Capri, Pure Storage and more

Check out the companies making headlines in extended trading: Salesforce — Shares plunged more than 14% after first-quarter revenue of…

This retirement planning gap is ‘hidden in plain sight,’ Harvard professor says

For many people, retirement planning is all about money: how to invest, how much to save, when to claim Social…

Nissan issues ‘do not drive’ alert for nearly 84,000 older models with recalled airbags

Nissan has warned owners of older vehicles to drop driving cars equipped with recalled, unrepaired Takata airbags the National Highway…

Jim Chanos calls suit accusing him of embezzling funds ‘baseless and defamatory’

Famed short seller Jim Chanos called a lawsuit accusing him of embezzling funds for personal use, “false, baseless and defamatory.”…

Crypto exchange Gemini returns $2.2 billion to users after pausing withdrawals 18 months ago

Customers with funds locked up in crypto exchange Gemini’s defunct crypto lending program are finally going to start getting their…

Goldman Sachs partner Beth Hammack to succeed Mester as Cleveland Fed leader

A Goldman Sachs executive and finance industry veteran will take over as the new president of the Cleveland Federal Reserve.…