It is thought to be the biggest partnership of China’s Belt and Road Initiative . It elevated to over $62 billion over time, and no much less than $25 billion was invested in cash-strapped Pakistan. Keep abreast of great corporate, monetary and political developments around the world. Stay informed and spot emerging dangers and opportunities with independent global reporting, expert commentary and analysis you’ll be able to trust. Efforts to merge the two banks have involved brutal job cuts, designed to cut prices and to avoid duplicating roles across the new group. UBS bosses confirmed they had slashed greater than …