Swiss bank UBS gets a boost from higher interest rates, beats expectations in fourth quarter – CNBC
UBS reported fourth quarter and full year earnings. Fabrice Coffrini | Photo Afp | Getty Images UBSMoreFourth-quarter profit beat market expectations, but the Swiss banking giant reported lower earnings on the back of weaker client activity and warned of an “uncertain” year ahead. The bank reported a net profit of $1.7 billion in the fourth […]
Stocks Edge Higher in Quiet Session as Bonds Slide: Markets Wrap – Yahoo Finance
(Bloomberg): Chairman Jerome Powell has refrained from giving clues about the outlook for interest rates, even though some officials recently suggested it was too early to declare victory over inflation. Stocks rose in a volatile trading session. Bloomberg’s most read articles The S&P 500 made a small move near the key 3,900 mark. This is […]