UBS appoints Australian banking executive to board UBS has nominated a prominent Australian banking executive to join its board, strengthening their global leadership team and bringing in valuable expertise. Top News · Jan 12, 2024
Citadel Securities Bids for Credit Suisse’s China Venture UBS’sale will face delay as Credit Suisse’s joint-venture buyout is still awaiting approval by Chinese regulators Caixin Global · Jan 11, 2024
3 China Stocks to Buy Climbing the Charts Several officials and experts indicate a positive outlook for the Chinese economy in 2024, playing a crucial role in driving global economic growth. Amid an optimistic economic backdrop, it could be wise to invest in top China stocks Ping An Insurance (Group) (PNGAY), Sunlands Technology (STG), FinVolution (FINV) for substantial… StockNews.com · Jan 11, 2024
China set to overtake Japan as world's top auto exporter And Chinese car exports are set to grow from here, predicts UBS. Fortune · Jan 10, 2024
Welcome to the era of 'normalization': Why Wall Street is convinced consumers will get comfortable with some economic pains in 2024 Taking a look across the outlooks for next year, there's one word that stands out from Wall Street. "Normal." Fortune · Dec 26, 2023
Cevian Activist Investor Snags 1.3% UBS Stake! Undercover players move in the game of finance! Avatar of activism, Cevian swoops in, claiming a cool 1.3% stake in the banking titan UBS. Top News · Dec 19, 2023
Swiss Authorities Fumble Credit Suisse Supervision In a tale of mishandled supervision, explore how Swiss authorities fumbled oversight of Credit Suisse causing a financial foul-up of royal proportions. Top News · Dec 18, 2023
UBS CEO Doubts Stability in Current Inflation Control The UBS boss candidly shares his concerns around inflation, stirring the debate of whether these rising numbers can be tamed. Top News · Dec 17, 2023
Renault to sell 5% stake to Nissan as carmakers rebalance alliance French company to receive up to £657m, helping push electric vehicles unit Ampere The Guardian - UK · Dec 12, 2023
House, marriage, kids: Following a traditional 'order' of life milestones could majorly mess up your finances Rachel Gottlieb of UBS, co-author of Money and Love, Abby Davisson, and Albion Financial Group's Doug Wells on reprioritizing life's milestones. Fortune · Dec 9, 2023
Billionaires are in the midst of their own Great Wealth Transfer, and it's changing the face of the 10-figure club forever Newly-minted billionaires accumulated more wealth from inheritance than from entrepreneurship over the past year, UBS finds. Fortune · Dec 5, 2023
Wealth Inheritance Surpasses Earnings for Next-Gen Billionaires, According to UBS Report The UBS report revealed that many young tycoons are amassing wealth predominantly through inheritance rather than through their own entrepreneurial endeavours. International Business Times UK · Dec 1, 2023
Markets Today: Stocks Slip Ahead of Speech from Fed Chair Powell Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.16%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.26%. Stock index futures this morning are mildly lower on some position squaring ahead of comments later today from Fed Chair Powell that may provide clues as to... Barchart · Dec 1, 2023
Inheritance Is Making More New Billionaires Than Entrepreneurship, UBS Say Billionaires are mostly concerned about geopolitical tensions and inflation. International Business Times · Nov 30, 2023
Fortune · Nov 30, 2023 Future generation of billionaires will inherit their wealth and be less generous: UBS UBS expects $5.2 trillion to be transferred to the children of billionaires over the next few decades—they'll act a lot differently to their parents.
The Guardian - UK · Nov 30, 2023 Next generation of billionaires collect more wealth from inheritance than work, says UBS Swiss bank favoured by super-rich says 1,000 billionaires are likely to pass on $5.2tn to their children over next 20 years
Barchart · Nov 28, 2023 Stocks End Higher as Bond Yields Fall on Dovish Fed Comments What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.13%. Stocks on Tuesday posted moderate gains, with the Dow...
Barchart · Nov 22, 2023 Stocks Gain on Positive Corporate News What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.56%. Stocks this morning are moderately higher, with the S&P...
Fortune · Nov 17, 2023 Goldman Sachs questions Deutsche Bank and UBS comparisons of the 2020s to other eras Goldman Sachs's Jan Hatzius and David Kostin outlined during a roundtable why their firm is so optimistic about 2024.
Fortune · Nov 14, 2023 Forget the gloom of the 1970s—UBS thinks the US economy is headed back to a Clinton-like era of the bustling 1990s "The bottom line: Something is afoot with the US economy," wrote UBS's Jason Draho.
Fortune · Nov 14, 2023 Goldman Sachs and BNP Paribas lead $100 million funding round for Fnality International The U.K.-based firm, which says it uses blockchain tech to speed up financial transactions, has now raised a total of almost $163 million.
Barchart · Nov 8, 2023 Will China Continue to Dominate the Electric Vehicle Industry? China has opened a significant lead as the world’s biggest maker of electric vehicles (EVs). Chinese EV brands account for about half of all EVs sold globally. Chinese EV makes have succeeded in taking domestic market share from former leaders, such as Volkswagen, and China’s BYD Co (BYDDY ) is...
The Guardian - UK · Nov 7, 2023 UBS reports $785m loss due to costs of Credit Suisse integration Swiss banking group has cut 13,000 jobs this year as it recovers from rushed rescue deal
Barchart · Nov 6, 2023 Stocks Finish Higher on Dovish Fed Hopes What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.37%. Stocks on Monday mildly extended last week’s rally, with...
Fortune · Nov 6, 2023 Warren Buffett had a good, bad, and ugly earnings report with Berkshire Hathaway—but not as ugly as it looks Berkshire Hathaway lost over $20 billion on Apple last quarter and had a nearly $13 billion net loss, but it's sitting on a massive cash pile.