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As stocks rally, UBS names the 'most crowded short in any sector' for December – CNBC

As financial markets continue to rally, UBS said European real estate stocks were “the most heavily shorted” of all sectors and global markets. Crowded trading refers to a situation where a large number of investors have similar views and have concentrated positions in a particular stock or market. In this case, many people are looking […]

Global bank ranking removes Unicredit and moves up UBS, China banks – Reuters

The Unicredit Bank logo can be seen in this illustration taken on March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Obtaining license rights ZURICH, Nov 27 (Reuters) – The Financial Stability Board (FSB) on Monday removed Italy’s UniCredit (CRDI.MI) from the list of global systemically important banks, followed by Switzerland’s UBS (UBSG.S). upgraded the ratings of three […]

This Big Tech stock could be a hedge against a recession in 2024: UBS – CNBC

Microsoft could serve as a defensive stock if the U.S. goes into a mild recession next year, said UBS analyst Karl Keilstedt. The investment bank’s economics team expects a mild recession in the U.S. next year, which could put pressure on the overall stock market. “I would definitely characterize Microsoft as defensive rather than cyclical,” […]

UBS, Credit Suisse face wider US probe over Russia sanctions -Bloomberg News – Reuters

Logo of Swiss banks UBS and Credit Suisse on an office building in Zurich, Switzerland, March 19, 2023.Reuters/Dennis Baribous Obtaining license rights ZURICH, Sept 27 (Reuters) – UBS shares fell on Wednesday after reports the U.S. Department of Justice has stepped up scrutiny over alleged compliance violations that helped a Russian client evade sanctions. UBS […]

Billy Joel NYE 2023 UBS Arena concert: Where to buy tickets

Vivid Seats is the official ticketing partner of The New York Post. We may receive revenue from this partnership by sharing this content or by your purchases. Billy Joel is in a New York state of mind. But this time he’s heading to another part of the state. The Rock and Roll Hall of Fame […]

UBS CEO insists bank not too big after Credit Suisse takeover – Reuters

[1/2]UBS Group Chief Executive Officer Sergio Ermotti attends a press conference for Swiss bank UBS after its acquisition of Credit Suisse in Zurich, Switzerland, August 31, 2023.Reuters/Dennis Baribous Acquisition of license rights ZUG, Switzerland (Reuters) – Chief Executive Sergio Ermotti said on Tuesday that the newly expanded UBS (UBSG.S) will follow the emergency takeover of […]

UBS to absorb Credit Suisse’s Securities Research offering

Interactive Brokers Chief Strategist Steve Sosnick and Carnivore Trading CEO Dutch Masters Discuss Which Economic Data Could Sway Markets This Week in “The Krumman Countdown” discuss whether UBS plans to absorb Credit Suisse’s securities research services later this month and roll the business into its own research business, the bank said in a letter seen […]

UBS Reports $29 Billion Profit, a Record – The New York Times

When UBS agreed this spring to buy arch-rival Credit Suisse for more than $3 billion at the request of the Swiss government, analysts and investors said the price was a steep discount. UBS’s latest results reflect just how big a profit it was. On Thursday, the bank reported: $29 billion profit Q2 — yes, the […]