Chancellor Angela Merkel will call for a stronger European Union in a speech in London that may disappoint Prime Minister David Cameron, according to a German government official with direct knowledge of her preparations.
Coutts & Co., the wealth management unit of Royal Bank of Scotland Group Plc, said it doesn’t see a crisis in emerging markets and the firm’s rich clients are taking advantage of this year’s declines to boost holdings.
Emerging-market stocks fell for the first time in three days as OAO Sberbank led losses in lenders. The forint sank after Goldman Sachs Group Inc. said further rate cuts will make Hungary vulnerable amid a rout in riskier assets.
Queen Elizabeth II set up traps to make sure palace guards weren’t taking her cashews. Prince William once left voice mails for his future wife Kate Middleton, calling her “babykins” and telling her he’d stumbled into a military exercise where he was almost hit by plastic bullets.
UBS AG, Switzerland’s largest bank, plans to boost client assets in the U.K. this year even as Swiss competitors try to break into London’s $1.2 trillion private wealth market to help counter withdrawals at home.