Shares in UBS Group traded lower on 10 February after the lender warned over the impact of the surging Swiss franc and negative interest rates in Switzerland and the eurozone. Shares in UBS were down 3.35% by 09:55 CET in Zurich, after …
Swiss bank UBS is planning to take legal action against Nasdaq OMX Group to recoup losses it made related ... orders were not confirmed for several hours after the stock had commenced trading, according to UBS. To ensure that orders …
UBS' hedge fund unit will lay off more than one-third of its equity long/short team. UBS O'Connor plans to slash 16 positions from the fundamental long/short team, which currently employs 46 of its 80 employees. Most of the layoffs …
UBS's Chinese asset management subsidiary has been granted a license to manage money for institutions and wealthy investors onshore in China, part of the Swiss bank's efforts to stock up on local licenses. A UBS advertisement is …
ITV PLC (LON:ITV) has underperformed the FTSE 100 by 25% in the year to date but its stock is still not cheap enough to own amid weak advertising revenues and a shift in TV audiences to online viewing, according to UBS. UBS raised its …
NEW YORK (Reuters) - The former chief executive of American International Group Inc, Maurice “Hank” Greenberg, reached a deal to sell most of the shares he holds in the insurer to a unit of Swiss bank UBS. Greenberg’s investment …
The deals that Big Finance was cranking out for years were often ridiculously large and unsustainable and so were the bonus payouts. Many of these organizations have shifted a lot of pay over to stock so that the deal makers are more …
UBS has warned that the seven-year cycle in equities is rolling over, we could see a sharp 30% correction in stocks and that as per the headline of their ‘Technical Outlook 2016′, it is time to “buy gold”. In their just released research note ...
Philippine investors have a knack for making money whenever the nation elects a new president—and history will repeat itself this year, the UBS AG says. Investors should buy retail and infrastructure stocks to catch a post-election rally …