UBS favors these protective investments that also provide good dividends
UBS Advises on Defensive Stocks Amid Market Uncertainty The S&P 500 has made a notable recovery since its low in April, but UBS suggests that investors should consider adding defensive stocks to their portfolios to navigate ongoing uncertainties. In a report released on June 6, UBS Global Equity Strategist Andrew Garthwaite expressed his cautious outlook, […]
Swiss government suggests strict new capital regulations that significantly impact UBS
Swiss Government Proposes New Capital Rules for UBS The Swiss government introduced stringent capital requirements on Friday, mandating that UBS, one of the largest banks in the country, maintain an additional $26 billion in core capital following its acquisition of troubled rival Credit Suisse in 2023. This adjustment means UBS will have to fully capitalize […]
UBS Arena will host a major NHL event in 2027 — but what type will it be?
Future of NHL All-Star Games Uncertain The situation regarding the 2026 All-Star Game has become somewhat intertwined with plans for the 2027 event. NHL Commissioner Gary Bettman stated that prior to the Stanley Cup finals, the specifics are still up in the air, especially since the 2026 event coincides with the Olympics and the 2027 […]
Switzerland’s Finance Sheriff Takes on UBS and Banking Elite – Mint
(Bloomberg) – After Stephen Walter became the Swiss financial regulator, he named himself among the bankers he overseen. They call him “sheriff.” Walter, 60, is a German citizen with decades of experience in top-level regulations, including the US, and uses turbulent periods in Switzerland to establish the open public presence of Finma, most of Zurich […]
Europe markets edge higher; Saab rises 6% after UBS upgrades to buy – CNBC
Germany's business activities will be high as a rebound in manufacturing Germany's business activities grew at the fastest rate in 10 months in March, and for the first time in nearly two years, supported by its manufacturing sector. investigation. The German purchasing manager index collected by S&P Global increased to 50.9 in March, up from […]
Israeli hockey league unafraid to get political headed to UBS Arena
Isaac Levy was involved in Israeli hockey for the majority of the generation who were first suitable for national teams under the age of 18 in 1998. Almost all of his teammates were double citizens who grew up in North America. The levy for the 42-year-old, one of the founding members of the Israeli Elite […]
UBS Arena parking attendant busted for pocketing $5K from patrons, never transferring funds to his employer: DA
A parking lot attendant at Long Island's UBS Arena was arrested for allegedly scamming hockey fans and concert attendees into making personal payments. A 26-year-old patron in Queens made 125 parking payments to his Venmo account dating back to April 17, according to a complaint filed with the Nassau County Sheriff's Office. It is said […]
US dollar to stay stronger for longer, UBS says – Investing.com
Investing.com — UBS strategists expect the U.S. dollar to “appreciation for an extended period of time,” citing strong economic activity in the U.S. and continued tariff concerns affecting other regions. On Monday, (DXY) soared to its highest price since November 2022, trading above the 110 mark during trading. This represents an increase of about 9% […]
UBS sells its 50% stake in Swisscard to American Express – CNBC
The UBS logo is seen on an office building in Krakow, Poland, on February 22, 2024. Jakub Porzycki | Null Photo | Getty Images UBS has entered into a deal to sell part of the Credit Suisse business it acquired last year and sell a 50% stake in credit card company SwissCard. UBS sells 50% […]
$9,000/mt is an attractive medium-term entry point for Copper: UBS – Investing.com
Investing.com — Prices have fallen sharply recently, dropping below $9,000 a tonne for the first time since April, the result of a confluence of factors including rising inventories, disappointing manufacturing data and the results of China’s Third Plenary Session. Despite the recent weakness, analysts at UBS Global Research remain bullish on copper’s medium-term outlook. “We […]