March 20, 2023
Via: ABC NewsShares of Credit Suisse plunged 60.5% on Monday after banking giant UBS said it would buy its troubled Swiss rival for almost $3.25 billion in a deal orchestrated by regulators to try to stave off further turmoil in the global […]
Financial Services, Industries
October 26, 2021
Via: Markets InsiderShares of UBS Group AG were gaining around 2 percent in Swiss trading after the banking major reported Tuesday higher profit in its third quarter with growth in net interest income. Further, the company said it intends to repurchase up […]
April 27, 2021
Via: CNBCTesla — Shares of the electric vehicle company slipped nearly 2%, despite headline beats on earnings and revenue for Tesla’s first quarter. The company’s net profit was boosted by regulatory credits and a $101 million benefit from selling bitcoin. CEO […]
July 15, 2019
Via: Market WatchThe U.S. may have added 224,000 nonfarm jobs in June, and core inflation may have climbed by the fastest amount in more than a year. Economists at UBS still anticipate a half-point cut from the Fed at the upcoming Federal […]
Financial Services, Industries
May 20, 2019
Via: CNBCShares of Deutsche Bank hit a record low Monday, down nearly 3%, after UBS downgraded the German lender’s stock to a “sell” rating from “neutral.” Pointing to tough external events and the low interest rate environment, UBS slashed its price […]
March 14, 2018
Via: Business InsiderFears of a global trade war have been ratcheted up in recent days amid warnings from China that it won’t take President Donald Trump’s newly proposed tariffs lying down. Earlier in March, the nation said it will respond in kind […]
February 23, 2018
Via: Business InsiderAmid all of the US market’s recent turbulence, one running narrative has remained largely unchanged: The economy is still in great shape, despite whatever else is going on. UBS disagrees. It argues that beneath the seemingly stable veneer of the […]
March 28, 2023
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