archiveEconomics Insider

Swiss bank UBS Group AG tapped former boss Sergio Ermotti to manage its takeover of Credit Suisse Group AG: This week, UBS chair Colm Kelleher replaced CEO Ralph Hamers with his predecessor Sergio Ermotti. Ermotti, who was previously CEO of UBS from 2011 to 2020 and is now chairman of...

With $5.5 trillion in assets, Industrial and Commercial Bank of China Limited is the largest bank in the world, as measured by total assets. Given its size and dominance, it’s no surprise that ICBC China has earned high marks for financial stability and profitability. To find the largest banks in...

As of March 31, 2023, James Ratcliffe was the wealthiest person in the United Kingdom, with an estimated net worth of 23.4 billion U.S. dollars, followed by Michael Platt (No. 2, $16.0 billion), James Dyson (No. 3, $9.5 billion) and John Reece (No. 4, $7.8 billion). Andrew Currie is the fifth-richest...

As of March 31, 2023, Murat Ulker was the wealthiest person in Turkey, with an estimated net worth of 5.0 billion U.S. dollars, followed by Ibrahim Erdemoglu (No. 2, $4.9 billion), Ali Erdemoglu (No. 3, $4.3 billion); and Ferit Faik Sahenk (No. 4, $2.8 billion). Semahat Sevim Arsel is the fifth-richest...

As of  March 31, 2023, Anders Holch Povlsen was the wealthiest person in Denmark, with an estimated net worth of 7.5 billion U.S. dollars, followed by Kjeld Kirk Kristiansen (No. 2, $6.8 billion), Agnete Kirk Thinggaard (No. 3, $6.8 billion); and Thomas Kirk Kristiansen (No. 4, $6.8 billion). Sofie Kirk Kristiansen is the fifth-richest...

As of  March 31, 2023, Renata Kellnerova was the wealthiest person in the Czech Republic, with an estimated net worth of 16.8 billion U.S. dollars, followed by Daniel Kretinsky (No. 2, $9.4 billion), Karel Komarek (No. 3, $8.3 billion); and  Pavel Tykac (No. 4, $8.3 billion). Radovan Vitek is the fifth-richest person in the...

As of  March 31, 2023, John Fredriksen was the wealthiest person in Cyprus, with an estimated net worth of 13.5 billion U.S. dollars, followed by Yakir Gabay (No. 2, $3.5 billion), Sergey Dmitriev (No. 3, $2.5 billion); and Valentin Kipyatkov (No. 4, $1.8 billion). Polys Haji-loannou is the fifth-richest person in Cyprus, with a whopping $1.1...

As of March 31, 2023, Zhong Shanshan was the wealthiest person in China, with an estimated net worth of 67.9 billion U.S. dollars, followed by Zhang Yiming  (No. 2, $45.0 billion), Ma Huateng (No. 3, $40.3 billion); and William Lei Ding (No. 4, $28.4 billion). Colin Zheng Huang is the fifth-richest person in China,...

As of  March 31, 2023, Marcos Galperin was the wealthiest person in Argentina, with an estimated net worth of 5.5 billion U.S. dollars, followed by Gregorio Perez Companc (No. 2, $2.9 billion), Eduardo Eurnekian (No. 3, $2.0 billion); and Alejandro Bulgheroni (No. 4, $1.8 billion). Eduardo Costantini is the person in Argentina, with a...

Angry and dismayed Amazon employees are pushing back against the recently-announced return to office policy by the Amazon leadership. Amazon's policy joins other high-profile companies such as Disney, Starbucks, Tesla, Google, and others that are forcing employees back to the office. Some are claiming they need to do so for...