The Swiss government is poised to reduce its majority stake in Swisscom, the Swiss telecoms carrier, just over two years after it privatised the company in a €6bn ($5.5bn) flotation.

A secondary sale of at least €3bn is expected by the end of the year.

Swiss government to reduce stake in telecoms company

William Wright in Paris

JP Morgan

France Telecom

Swisscom

Why UBS needs to beat Barclays to become a top investment bank

BlackRock’s drive into private assets should worry smaller rivals — again

Schroders’ new team must deliver or pressure for break-up will grow

Barclays poaches Citi managing director for wealth private credit push

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Dale Walsh will accelerate growth of the private bank and wealth management’s lending business

Northern Trust taps UN pension fund for head of international role

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Pedro Guazo, who joins in August, will also oversee the $1.3tn asset manager’s responsible investment platform globally

Ex-EY managing partner Andy Baldwin joins IBM Consulting

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Baldwin left EY after losing out on the CEO role last year

Junior bankers at Robert W. Baird say such long hours weren’t unusual for industrials team.

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink

Once an heir apparent for Larry Fink, Wiedman now tops the list of potential successors to PNC chief Bill Demchak.

PNC Names Former BlackRock Star Mark Wiedman as President

The European Union has a plan to counteract the swathe of tariffs U.S. President Trump is planning to impose on foreign goods, European Commission President Ursula von der Leyen said.

EU Has Plan to Retaliate on U.S. Tariffs, Von der Leyen Says

The Japanese investment firm is entwining its fortunes with a company that expects to lose billions of dollars for years to come, in the hope that it will emerge as the leader in AI.

How Is SoftBank Funding Its Mega Investment in OpenAI? A Lot of Debt

The BlackRock CEO says he wants individuals to have better access to the menu of private and illiquid investments that have long been core holdings of pensions, endowments and other institutions.

Larry Fink Says Regular Americans Need Private Assets Too

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