Veteran investment banker Sergio Ermotti is returning to take the top job at UBS as the Swiss lender prepares for the mammoth task of integrating failed cross-town rival Credit Suisse.
Default-stricken Zambia published figures on Wednesday showing that its total public debt stock climbed to $32.8 billion, including interest arrears at the end of last year, of which $18.6 billion was external.
A U.S. judge on Tuesday affirmed the Boy Scouts of America's $2.46 billion settlement of decades of sex abuse claims, rejecting appeals by some of the group's insurers and abuse claimants.
Ghana's central bank on Monday surprised analysts by raising its main interest rate to 29.5%, a sign the monetary committee does not yet see the country's economic situation stabilising despite two consecutive months of slowing inflation.