EQT to shed $1.2bn of shares in Swiss skincare firm
Sale of around 13 million shares is being coordinated by Goldman Sachs, Morgan Stanley and UBS
UBS
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Family offices eyeing increased equities allocations
Geopolitics has knocked inflation off its top spot in the list of European family-office major concerns, according to new research from UBS. Although recent inflation numbers – and the associated likelihood of interest rates remaining higher for longer – make worrying reading for many investors, new research from UBS shows inflation falling to third place among the…
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UBS rolls out multi-asset emerging markets fund
UBS Global Wealth Management has launched the UBS Multi Asset Emerging Markets Dynamic Fund. The fund is designed to capture the full potential of emerging market assets at a reduced risk through a dedicated three-pillar approach of diversification, active bottom-up security selection, and equity exposure management. Available in jurisdictions across Europe and Asia, it is…
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Credit Suisse-related lawsuits pick up pace
The lawsuits over UBS’s ‘shotgun wedding’ rescue of Credit Suisse are growing in number. US law firm Quinn Emanuel Urquhart & Sullivan has already been instructed by key holders of Credit Suisse’s ‘additional tier one’ (AT1) capital instruments to represent them in discussions with the Swiss authorities and in any possible litigation. Now, however, it…
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Banking sector weighs UBS-Credit Suisse fall-out
The implications of UBS’s takeover of Credit Suisse last month is continuing to roil the Swiss financial space, according to reports throughout the country’s media. UBS will look to shed between 25,000 and 36,000 roles within the company, with 11,000 of those being in Switzerland, Sonntags Zeitung has reported. The newspaper went on to note…
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Do Europe’s banks have a problem – or is the problem them?
The fallout from Credit Suisse’s takeover by UBS is continuing to be felt across Europe. The move, which saw UBS step in to scoop up its former rival following months of speculation over Credit Suisse’s business affairs, has led to regulators in Europe saying they would look to write down the investments of shareholders as…
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The ‘shotgun wedding’ of Credit Suisse and UBS
The ongoing volatility in the global banking sector has seen UBS take on Credit Suisse – a move likened around Europe to a ‘shotgun wedding’, with the role of the gun-toting parent being assumed by the Swiss government. Under the terms of the deal, the cumulative financial risk the general public is shouldering to save…
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Quartet hired by Robeco sustainable investment research team
Three join from UBS while the other previously worked at Allianz Global Investors
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Three banks fined for European government bond market collusion
But four rivals managed to escape financial penalties
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Deutsche Börse takes Clearstream Fund Center ownership to 100%
As it acquires outstanding stake in B2B fund distribition platform for CHF 390m
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Revealed: Winners of 2021 France Refinitiv Lipper Fund Awards
Carmignac and Columbia Threadneedle join Goldman Sachs AM among the group winners
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Five funds that offer solid exposure to China
Morningstar’s head of manager selection, Ruli Viljoen, picks funds expected to deliver over the long term