UBS
By Oliver Hirt, John O’Donnell, Stefania Spezzati and Dave Graham ZURICH/FRANKFURT/LONDON (Reuters) -The United States is pursuing an inquiry into Russian clients that UBS took on when it bought Credit Suisse, three people familiar with the matter said, heightening scrutiny of one of the world’s biggest wealth managers. The U.S.…
Investing.com — UBS said “conditions are aligning” for a seasonal year-end rally in US equities, though some risks still persist. With the US election set to wrap up shortly, uncertainty around this event, coupled with several key economic factors, could set the stage for stronger markets in November and December,…
By Dave Graham ZURICH (Reuters) -UBS Group posted third-quarter profit that was almost double expectations, reducing costs and boosting revenues and said it had completed the first wave of client migrations from Credit Suisse since acquiring its old rival last year. Net profit attributable to shareholders at Switzerland’s largest bank…
prices hit a new all-time high, marking the metal’s sixth weekly gain in the past seven weeks. This year alone, gold has seen a 32% increase in value, spurred by a combination of factors including central bank easing policies, the uncertainty surrounding the US elections, and ongoing geopolitical conflicts in…
Investing.com — prices have remained locked within a relatively narrow range despite ongoing market deficits, as per strategists at UBS. Over the past three years, the precious metal has fluctuated between $850 and $1,150 per ounce, averaging around $962/oz—close to its current spot price. This stability has persisted despite tight…
Investing.com — UBS strategists maintained their price target of 6,200 by June 2025 on Monday and reaffirmed a positive outlook on AI beneficiaries and quality stocks. U.S. equities entered the third-quarter earnings season on strong footing, with the S&P 500 reaching its 45th all-time high of the year on Friday…
Investing.com – European private equity is at a potentially critical juncture, according to UBS, and the Swiss bank sets out key questions which could determine its future. How quickly will deal volumes recover now that interest rates are falling? Private equity deal activity has begun to improve, but is still…
Investing.com — Oil and prices have pulled back in recent days after a strong rally, driven by rising geopolitical tensions in the Middle East. has dipped by 1.1% so far this week on reports of a potential ceasefire between Hezbollah and Israel. At the same time, concerns over Chinese demand…
Investing.com — There is a higher potential for downside than upside in Biogen Inc’s (NASDAQ:) shares, UBS analysts said Thursday, lowering their price target on the stock from $234 to $202. The investment bank also revised its 2025 earnings per share (EPS) estimate to $17.38, down from $17.54. According to…
Investing.com — K+S (ETR:) shares were down on Thursday following a note from UBS suggesting that the company may lower its 2024 EBITDA guidance during its upcoming third-quarter results announcement. At 5:04 am (0904 GMT), K+S was trading 6.5% lower at €10.880. UBS analysts expect that K+S’s guidance, which currently…
