GLOBAL FINANCE
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Democrats Try to Force Debt-Ceiling Vote to Avoid Catastrophic Default
A.M. Edition for May 17. House Democrats are working on a long-shot parliamentary maneuver designed to circumvent House Republican leadership and...
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UBS expects $17 billion hit from Credit Suisse rescue, flags hasty due diligence
UBS estimates a financial hit of around $17 billion from its emergency takeover of Credit Suisse, according to a regulatory filing.
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JPMorgan and Barclays back $4.5 billion insurance tech giant Wefox
Wefox maintained its $4.5 billion valuation from its previous round of funding, the company said.