UBS UBS and China are in a bitter dispute over an economic briefing which officials in Beijing have interpreted as a racial slur. The dispute appears to have had real costs for UBS: on Monday it was excluded from advising one of China’s biggest state-owned companies on a billion-dollar bond deal. Paul Donovan, the chief […]
UBS was kicked off a $1 billion bond deal because China is angry about a joke a senior economist made about pigs
UBS UBS and China are in a bitter dispute over an economic briefing which officials in Beijing have interpreted as a racial slur. The dispute appears to have had real costs for UBS: on Monday it was excluded from advising one of China’s biggest state-owned companies on a billion-dollar bond deal. Paul Donovan, the chief […]