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goldman sachs md isabella disler joins jpmorgan as global head of observability
Isabella Disler, formerly head of engineering for Goldman Sachs' Marcus consumer bank, has joined JPMorgan as MD and global head of observability. With a 23-year tenure at Goldman, she previously led firmwide engineering excellence and developer Gen AI initiatives. Disler's move follows a trend of MDs transitioning to JPMorgan after the closure of Marcus.
Switzerland revokes most favoured nation status for India amid tax dispute
Switzerland has revoked India's 'Most Favoured Nation' status, ending a 30-year double taxation agreement, which will lead to higher taxes for Indian entities operating in Switzerland starting January 1, 2025. This decision follows a Supreme Court ruling regarding Nestlé SA, indicating that Switzerland's tax rate reduction on dividends does not require reciprocal action from India without a formal notification. The change could significantly impact investments, as dividends will be taxed at the original rate of 10%.
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