Julius Baer Gruppe AG
Swiss giant UBS posts $770 million in net profit, launches $1 billion share buyback in first half
Fabrice Coffrini | Afp | Getty Images Swiss banking giant UBS on Tuesday posted $770 million in fourth-quarter net profit, launching a $1 billion share buyback program in the first half of 2025. The net profit figure compares with a mean forecast of $886.4 million in a LSEG poll of analysts and with a $483 […]
Read More
'This inventory could double': Fund manager masses up on shares of two banking institutions amid the volatility
There are options in the banking sector despite a rise in volatility and issue more than steep losses at some lenders, according to fund supervisor Cole Smead. The portfolio manager at Smead Cash said Monday that he was buying shares of regional loan company Western Alliance Lender even as the KBW Regional Banking Index misplaced […]
Read More
What a person Swiss bank’s problems can convey to us about current market vulnerabilities — and social media
A pedestrian sheltering below an umbrella passes a Julius Baer Team Ltd. branch in Zurich, Switzerland, on Tuesday, July 13, 2021. Stefan Wermuth | Bloomberg | Getty Pictures The share selling price of Julius Baer plummeted right after the Swiss personal lender disclosed 606 million Swiss francs ($692.7 million) of personal loan exposure to a […]
Read More
Stay defensive with these global stocks amid market volatility, analysts say
HSBC, Credit Suisse and UBS name their top defensive stock picks. Source
Read More