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UBS Group AG

Who said what at the World Economic Forum (WEF)

by Adrian Jhonsan
Who said what at the World Economic Forum (WEF)

People attend the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024.  Denis Balibouse | Reuters The potential for generative artificial intelligence, when interest rates …

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UBS CEO says Swiss public ‘indoctrinated’ to worry about bank’s balance sheet

by Adrian Jhonsan
UBS CEO says Swiss public ‘indoctrinated’ to worry about bank’s balance sheet

Sergio Ermotti, chief executive officer of UBS Group Stefan Wermuth | Bloomberg | Getty Images UBS CEO Sergio Ermotti on Wednesday said people with concerns about the size of the …

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Markets rebound in time for the Santa Claus rally

by Adrian Jhonsan
Markets rebound in time for the Santa Claus rally

Wall Street and Broad Street signs are seen as The New York Stock Exchange (NYSE) and a Christmas tree are illuminated in New York City, United States on December 1, …

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Swiss regulator calls for more powers after Credit Suisse collapse

by Adrian Jhonsan
Swiss regulator calls for more powers after Credit Suisse collapse

Axel Lehmann, chairman of Credit Suisse Group AG, Colm Kelleher, chairman of UBS Group AG, Karin Keller-Sutter, Switzerland’s finance minister, Alain Berset, Switzerland’s president, Thomas Jordan, president of the Swiss …

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Oil prices set to rise in 2024 after OPEC+ voluntary cuts

by Milton Acorn
Oil prices set to rise in 2024 after OPEC+ voluntary cuts

Processing towers stand at the RN-Tuapsinsky refinery, operated by Rosneft Oil Co., in Tuapse, Russia, on Monday, March 23, 2020. Andrey Rudakov | Bloomberg | Getty Images Oil prices are …

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Inheritance brings more wealth to billionaires than entrepreneurship

by Adrian Jhonsan
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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Despite cool inflation, don’t expect rate cuts

by Adrian Jhonsan
Despite cool inflation, don’t expect rate cuts

The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie Plesch| Bloomberg | Getty Images This report is from today’s …

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

by Adrian Jhonsan
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 Adrian Jhonsan
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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UBS resumes selling the bonds at the heart of Credit Suisse controversy

by Adrian Jhonsan
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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