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UBS Group AG

Inheritance brings more wealth to billionaires than entrepreneurship

by Walter Watson
Inheritance brings more wealth to billionaires than entrepreneurship

Super yacht moored at South Dock, at the heart of Canary Wharf financial district on 7th February 2023 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images …

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UBS reveals 3 luxury stocks to buy for 2024

by Walter Watson
UBS reveals 3 luxury stocks to buy for 2024

Investors looking ahead to 2024 should pick up shares of Hermes , Cartier owner Richemont and Hugo Boss in the luxury goods sector, according to UBS. The Swiss investment bank …

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UBS boss Ermotti says ‘incredible’ bond demand is ‘a signal to the Swiss banking system’

by Walter Watson
UBS boss Ermotti says ‘incredible’ bond demand is ‘a signal to the Swiss banking system’

Sergio Ermotti, CEO of UBS gestures during a panel discussion at the Swiss-American Chamber of Commerce in Zurich, Switzerland January 18, 2019. Arnd WIegmann | Reuters UBS Group CEO Sergio …

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UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession

by Walter Watson
UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession

U.S. Federal Reserve Chairman Jerome Powell takes questions from reporters during a press conference after the release of the Fed policy decision to leave interest rates unchanged, at the Federal …

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Here’s what Wall Street is saying about Wegovy following Novo Nordisk’s key study

by Akin Smith
Here’s what Wall Street is saying about Wegovy following Novo Nordisk’s key study

Analysts are largely optimistic about a new class of anti-obesity medications following a landmark study released over the weekend. Novo Nordisk ‘s Select study of about 17,500 people found the …

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UBS resumes selling the bonds at the heart of Credit Suisse controversy

by Walter Watson
UBS resumes selling the bonds at the heart of Credit Suisse controversy

Fabrice Coffrini | Afp | Getty Images UBS on Wednesday began selling Additional Tier 1 (AT1) bonds — which were at the heart of controversy during its emergency rescue of …

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Wefox raises another $55 million from Deutsche Bank and Unicredit

by Walter Watson
Wefox raises another  million from Deutsche Bank and Unicredit

Wefox CEO Julian Teicke. Wefox Wefox, the $4.5 billion German insurance technology group, has raised $55 million of fresh funding from Deutsche Bank and UniCredit, two anonymous sources familiar with …

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

by Walter Watson
This Big Tech stock could be a hedge against a recession in 2024: UBS

Microsoft could act as a defensive stock if the U.S. enters a mild recession next year, according to UBS analyst Karl Keirstead. The investment bank’s economics team forecasts a mild …

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UBS downgrades stock over ‘significant uncertainty’ from AI

by Walter Watson
UBS downgrades stock over ‘significant uncertainty’ from AI

UBS has downgraded the shares of Teleperformance , which has around 400,000 customer service agents worldwide, over the “significant uncertainty” the company faces from the rise of artificial intelligence. The …

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European small and mid-cap stocks to buy: UBS

by Walter Watson
European small and mid-cap stocks to buy: UBS

UBS has named a raft of European small and midcap stocks it says are staging a “comeback in the making” this year. Smaller European stocks returned 0.5% in July and …

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