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Banks illegally shorted $156 million of stocks: South Korea probe
06 May 2024 11:15 GMT
… enforcement.
Overall, the 14 banks being probed by authorities accounted … , inviting criticism from some investors that the move will hurt … -selling activities by major global investment banks since May 2021 — when … , which was acquired by UBS Group AG, is also …
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India on track to become third largest consumer market by 2026: UBS
06 May 2024 14:22 GMT
… the affluent category increase, UBS said in its latest … income by 2028.
The investment bank noted that consumption growth will … country experiences normal monsoon, UBS said, also noting that … it said.
According to UBS, the consumption dichotomy in India …
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UBS May Get Pushed into a Corner on Costs
06 May 2024 08:12 GMT
… what is really up to investors.
In the last quarter of … even though Swiss federal banking regulator Finma has imposed a … Shareholders saw only one thing. UBS was a bank that would be saddled with … around them, push back against investor fears and find a way …
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Ahead in the Markets: The BoE's rate decision, UBS, and ARM earnings
06 May 2024 05:04 GMT
… from major companies including UBS and BP. These events … rate decision from the Bank of England. Additionally, … the Australian dollar.
Furthermore, investors will closely monitor China… shaping market sentiment and investment strategies in the region.
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Chinese investment bank CICC to demote senior bankers, cut their pay to reduce costs
06 May 2024 04:49 GMT
… as Goldman Sachs and UBS Group, has been slashing … has more than 2,000 investment bankers. The firm currently has … , including around 100 in investment banking, according to one of … revenue from its brokerage, investment banking and asset managements all fell …
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South Korea finds illegal stock short sales by seven more banks
06 May 2024 03:58 GMT
… into trading practices at foreign investment banks.
Last November, South Korea … , out of 14 foreign investment banks, with trading violations totalling … sources.
The FSS and UBS, which took over Credit … stocks, in which an investor short sells shares without …
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UBS gives vote of confidence to UK stocks with rating upgrade
06 May 2024 01:53 GMT
UBS, one of the world’s … London-listed stocks.
The Swiss investment bank, which has assets under management … in the global manufacturing sector.
UBS has shifted its rating from … of the London stock market.
UBS said the manufacturing sector was …
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China’s CICC Demotes Senior Bankers, Cuts Pay to Slash Costs
06 May 2024 01:27 GMT
… s largest investment banks.
CICC has communicated to bankers internally that … Sachs Group Inc. and UBS Group AG, has been … including around 100 in investment banking, according to one of … revenue from its brokerage, investment banking and asset managements all …
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Goldman Sachs, UBS, BNP more positive on Chinese stocks as chorus of favourable sentiment grows in run-up to July plenum
06 May 2024 00:22 GMT
… companies, regulatory supervision and investor protection, marking a shift … Joining the bull camp, UBS raised its rating on the … buy-back themes.”
DBS Bank analysts said over the … hedge for global investors. Meetings with foreign investors also indicated …
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For Bond Investors, Delayed Rate Cuts Demand a Different Playbook
04 May 2024 01:03 GMT
Sticky inflation and the Federal Reserve keeping interest rates high may have dimmed the outlook for bond investors, but with a slight change in approach, there are attractive opportunities.
Heading into 2024, bond investors were sitting pretty. Yields …