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Recent Editions
Risk Channel
North America
Alibaba has secured a U.S. federal court ruling preventing the Trump administration from enforcing lobbying restrictions linked to its inclusion on a Pentagon blacklist of companies allegedly supporting China's military. The ruling blocks a measure that prohibited the U.S. Department of Defense from doing business with companies represented by lobbying firms that also work for blacklisted Chinese entities, a restriction that had prompted several major U.S. lobbying firms to sever ties with Chinese technology businesses. Alibaba was added to the Pentagon's 1260H blacklist in June 2026 and has challenged its designation, maintaining that it has no involvement with the Chinese military.
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Risk Channel
UK/Europe
UBS chief executive Sergio Ermotti has expressed his concern about proposed capital rules that could hinder the bank's global competitiveness. He said that the lender is at a "critical juncture" as it evaluates the long-term effects of these regulations. The rules would require UBS to hold an additional $16bn in capital. Ermotti noted that the impact on shareholders is not being considered, despite their role as a financial buffer. He also mentioned that discussions about relocating the bank's headquarters have taken place. One of the bank's major investors, US-based Artisan Partners, has called for it to move abroad, saying that Switzerland was no longer an attractive or desirable location for the business.
Full Issue