UBS

The Reserve Bank of Australia hiked its cash target by 25 basis points to 4.35%, ending four months of steady policy. A move that was expected after inflation came in higher than forecast last quarter.

2023-11-07T08:00:21+0000

Swiss banking giant UBS has posted the biggest-ever quarterly profit for a bank in the second quarter because of its emergency takeover of Credit Suisse.

2023-08-31T09:57:14+0100

The focus on Thursday 31 August will be on the latest US jobless claims, Euro Zone inflation data for August, as well as China manufacturing and services PMIs. IGTV’s Angela Barnes has this overview.

2023-08-30T16:34:41+0100

Analyst recommendations often come with risks and this report on aero engine maker Rolls-Royce admits to a number of headwinds. IGTV’s Jeremy Naylor looks at the analyst note and sees big profits for investors.

2023-08-24T13:45:25+0100

The London market had some good news, with the GDP expanding by 0.2% in the second quarter. However, the overall, European markets are expected to start off on a lower note.

2023-08-11T08:32:37+0100

The end of Credit Suisse as an independent institution has not provided much relief for stocks, and UK banks like Lloyds and Barclays have been under heavy pressure this morning.

2023-03-20T14:18:35+0000

The Credit Suisse-UBS deal has sparked a sell-off on banks. Credit Suisse and UBS shares are moving lower in premarket ahead of the Wall Street open. Credit default swaps are moving higher.

2023-03-20T09:17:32+0000

Relief emerging from UBS’ acquisition of Credit Suisse has crumbled as investor attention turns to global bond market risks. Meanwhile, the case for a Fed interest rate pause has gained steam while Bitcoin nears a 9-month high.

2023-03-20T08:46:38+0000