J&J is exploring placing a subsidiary shouldering tens of thousands of talc lawsuits into bankruptcy proceedings for a second time, despite a court decision invalidating the legal maneuver.
Julius Baer is having "constructive discussions" with Credit Suisse staff who are looking to leave following their bank's takeover by UBS , the Swiss private bank's Chief Executive said in an interview on Monday.
UK's FTSE 100 hit a three-week high on Monday, lifted by oil majors as crude prices rallied following a surprise output cut by OPEC+, while Cineworld Group hovered near record lows as it failed to find a buyer for its U.S., UK and Ireland businesses.
Some holders of Credit Suisse AT1 bonds wiped out by the bank's planned merger with UBS have instructed law firm Quinn Emanuel Urquhart & Sullivan to represent them for discussions with Swiss authorities and possible litigation to recover losses.