UBS puts its chief economist on leave following outrage over ‘Chinese pig’ comment (UBS)
|06/14/2019||Posted by BusinessMediaguide.Com under General World News||
- Paul Donovan, UBS’s chief global economist, was placed on leave from his role on Thursday for a comment he made about Chinese pork.
- Donovan is a British economist that’s been with the Swiss bank for more than 26 years and regularly comments on macroepigconomic trends.
- UBS shares were down more than 1% Friday afternoon.
- Watch UBS trade live.
UBS placed Paul Donovan, its chief global economist, on leave Friday morning in attempt to resolve backlash stemming from a comment he made about Chinese pork.
Donovan was discussing rising Chinese pork prices due to a deadly pig virus on his podcast earlier this week. read more >>>