The Latest Breaking News from UBS

Big Tech is making big AI promises in earnings calls as ChatGPT disrupts the industry

Companies like Google and Meta say to expect AI rollouts "very soon," but startups like OpenAI still pose a huge threat.

Fortune · Feb 3, 2023

Not just ChatGPT: January boom in AI news heralds big year for bots

ChatGPT isn't the only game in town. It may have just hit a record-breaking 100 million monthly active users in just two months, according to a UBS study, but other artificial intelligence (AI) heavyweights hope to catch up. Chief among them are Google's LaMDA, so clever that an employee was…

France 24 · Feb 3, 2023

Fed Chair Powell is no Kobe Bryant. He didn’t have ‘Mamba mentality’ in his crucial press conference, UBS says

Jerome Powell has lost some of his focus when it comes to fighting inflation, UBS's chief investment officer said.

Fortune · Feb 2, 2023

Supermarket prices surge and there's more inflation to come, warn analysts

Supermarket price increases accelerated over the past three months of 2022, with Woolworths leading the charge, according to research by investment bank UBS.

ABC News · Jan 23, 2023

Big C lining up banks for B30bn IPO

Big C Supercenter Plc has picked Bank of America and UBS Group to advise on an initial public offering expected to be worth at least 30 billion baht, according to people with knowledge of the matter.

Bangkok Post · Jan 18, 2023

Wales Fast Growth 50 project is going UK-wide

The project which has showcased the fast growing firms in Wales since 1999 is expanding with lists in England, Scotland and Northern Ireland

Birmingham Post · Jan 11, 2023

Lender takes over ownership of Dallas’ landmark Galleria mall

Ownership of the landmark Galleria Dallas mall — one of North Texas’ best known shopping meccas — has been transferred to the property’s lenders just days before Christmas.

Tribune News Service · Dec 21, 2022

UBS cuts 2023 Nifty target by 4% to 18,000 as retail inflows ebb

MUMBAI: Citing fast-ebbing household inflows into equities, whittling down foreign inflows, and rising bank deposit rates, a foreign brokerage sees a 4 per cent downside to the Nifty target at 18,000 points for the next year from the current levels.

The Times of India · Dec 19, 2022

We ranked the top robo-advisors for 2022

Here are the robo-advisors that made our top 10 list based on commissions, fees, minimum deposits, and customer service offerings.

Fortune · Dec 16, 2022

What experts say you need to know about generational wealth

Recent figures show that 70% of wealthy families lose their wealth by the next generation, with 90% losing it the generation after that.

Fortune · Dec 14, 2022