risk

Credit Suisse Risk Committee Head Gottschling Weighs Departure: Source

Credit Suisse Group AG risk committee head Andreas Gottschling is stepping down from his role after prominent investors indicated they’ll vote to oust him following the $5.5 billion hit from the meltdown of Archegos Capital Management.

Gottschling is standing down ahead of the bank’s annual general meeting on Friday, according to a statement from the company. Shareholder advisory firms including Glass Lewis had urged the bank’s investors to vote against re-electing him for another yearly term.

Credit Suisse emerged as the big loser in global investment banks’ race to exit trading positions as Archegos collapsed, forcing it to raise about

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Mikael Jantunen’s potential departure epitomizes the risk when recruiting abroad

There has been widespread internet rumor-mongering lately as to where Mikael Jantunen is, what his status with the University of Utah basketball program is and what his future plans may be.

As Craig Smith’s first Utes roster starts to take some shape, it is now time to dive into the Jantunen situation.

Jantunen is not in the NCAA Transfer Portal. Multiple sources tell The Salt Lake Tribune that the 6-foot-8 Finnish forward remains in Salt Lake City as the spring semester winds down. He is listed on Utah’s publicly-available, incomplete 2021-22 roster.

Jantunen, who will turn 21 next week,

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UK travel rules risk making vacations ‘only for the wealthy’

Under the “traffic signal” framework unveiled by the government on Friday, even Brits who travel to “green” countries deemed to be low risk must take a coronavirus polymerase chain reaction (PCR) test when they return to the United Kingdom. Each test costs around £120 ($165), adding £480 ($660) to the travel bill for a family of four.

Travel from the United Kingdom has been banned for months except for people with a “reasonable excuse.” But foreign trips could resume as soon as May 17 under the government’s roadmap for easing lockdown restrictions introduced in January.

“The insistence on expensive and
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Fully vaccinated people can resume travel at ‘low risk,’ CDC says

The U.S. Centers for Disease Control and Prevention on Friday said fully vaccinated people can safely travel at “low risk” after the agency had held off for weeks on revising guidance that discouraged all non-essential trips.

The announcement lifting the agency’s guidance that all Americans should avoid non-essential travel should assist the U.S. travel industry which is still significantly struggling since the Covid-19 crisis began in early 2020. The new CDC guidance specifically greenlights vaccinated grandparents getting on airplanes to see grandchildren.

A group representing major U.S. airlines including American Airlines, Delta Air Lines, United Airlines, Southwest

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Fully Vaccinated Americans Can Travel With Low Risk, C.D.C. Says

Americans who are fully vaccinated against Covid-19 can safely travel at home and abroad, as long as they take basic precautions like wearing masks, federal health officials announced on Friday, a long-awaited change from the dire government warnings that have kept many millions home for the past year.

In announcing the change at a White House news conference, officials from the Centers for Disease Control and Prevention stressed that they preferred that people avoid travel. But they said growing evidence of the real-world effectiveness of the vaccines — which have been given to more than 100 million Americans — suggested

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Fully vaccinated people can travel at low risk to themselves, new CDC guidance says

Fully vaccinated people can travel at low risk to themselves, CDC Director Dr. Rochelle Walensky said Friday, but travel still isn’t recommended at this time because of rising numbers of coronavirus cases.

The agency said that as long as coronavirus precautions are taken, including mask wearing, fully vaccinated people can travel within the United States without getting tested for Covid-19 before or self-quarantining after.

For international travel, fully vaccinated people don’t need a Covid-19 test prior to travel — unless it is required by the destination — and do not need to self-quarantine after returning to the United States. They … read more