- Reuters
UBS to book $0.9 billion provision linked to inherited Greensill funds
UBS expects to record a provision of around $0.9 billion, the Swiss bank said on Monday, in connection to Credit Suisse's funds linked to collapsed supply chain financing firm Greensill Capital. The offer is not expected to have a material effect on the financial results or CET1 capital of UBS Group AG, the bank said.
- Reuters
NATO in talks to put nuclear weapons on standby, boss tells UK's Telegraph
NATO is in talks to deploy more nuclear weapons, taking them out of storage and placing them on standby, in the face of a growing threat from Russia and China, the head of the alliance said on Monday. Jens Stoltenberg told Britain's Telegraph newspaper that there were live consultations between members to use transparency around its nuclear arsenal as a deterrent. "Transparency helps to communicate the direct message that we, of course, are a nuclear alliance."
- KABC – Los Angeles
Strong winds spread wildfire near Gorman to more than 14,000 acres
Firefighters on Sunday continued their efforts to get a handle on a fast-moving brush fire that's burned more than 14,000 acres and forced evacuations in the Gorman area of L.A. County.
