Amid accusations of misconduct, Lisa Cook, the first Black woman on the Federal Reserve Board, vows to fight Donald Trump's attempt to remove her. With a history of overcoming adversity, Cook's battle highlights issues of justice and representation in finance.
UBS Group AG is facing up to $26 billion in new capital requirements due to Swiss banking reforms, with significant implications for its foreign unit stakes. This announcement brings much-needed clarity to investors after months of uncertainty.
