The silence of the Swiss National Bank makes interest rate cuts uncertain.

The decision of the Swiss National Bank this week will be another tense event, as officials decide whether to cut interest rates or maintain them. Thursday's decision comes three weeks after Swiss National Bank policymakers last publicized their comments, with investors speculating on the prospect of further action in the market volatility and the appreciation of the Swiss franc. Economists have varying views on the outcome, with a few predicting that Switzerland will be the first country to end its easing cycle. In March, Switzerland's interest rate cut made it the fastest-cutting country among the top 10 trading currencies globally. Compared with other countries,

環球市場播報13:19 ET

UBS Group (UBS.US) antitrust concerns essentially resolved! Swiss financial regulatory institutions exclude the possibility of litigation.

Swiss financial regulatory institution FINMA stated in a recent announcement: "The merger of UBS group and Credit Suisse will not eliminate any effective competitive trends in the segmented market."

Zhitong FinanceJun 19 09:20 ET

UBS Group: Maintain a 'buy' rating for Yuexiu Property with a target price of 7.2 Hong Kong dollars.

UBS Group released a research report stating that Yuexiu Property (00123) has diversified land acquisition channels and its major shareholder intends to increase its shareholding in the company. The report believes that this has not been reflected in its valuation, which is lower than that of its peers. Its predicted PE ratio in 2025 is 0.36 times, which is one of the lowest among Chinese state-owned developers. The bank has lowered its target price from HKD 11.7 to HKD 7.2 and maintains a 'buy' rating. The bank stated that under the government's destocking measures, it is expected that the prices of first-tier and second-tier cities will stabilize in mid-2025, and it is expected that the gross margin of Yuexiu Property in 2024 will decrease by 13% year-on-year.

新浪港股Jun 19 05:05 ET

Swiss Regulator Sees No Competition Issues in UBS-Credit Suisse Deal

By Adria Calatayud Switzerland's financial regulator closed an in-depth investigation into UBS Group's takeover of former cross-town rival Credit Suisse, saying the deal won't eliminate effective com

WSJJun 19 04:43 ET

Market Chatter: UBS, Other Swiss Banks Urge Delay of New Capital Rules

UBS (UBS) and other Swiss banks urged the government to delay implementing new global capital rules to avoid competitive disadvantage after the European Union decided on a delay, Bloomberg reported Tu

MT NewswiresJun 18 16:03 ET

The results of the World Enterprise Chess Competition have been released, and all the major Wall Street banks have failed to be named the 'smartest company'.

Forget about the M&A transaction rankings. In the past few days, Wall Street banks have stepped onto the international chess arena, competing for the title of "smartest company". The fact proves that no one is. Bankers and traders from institutions such as Goldman Sachs, BlackRock, Deutsche Bank, etc. were defeated by Chessify and Chessmood chess players in the final rounds of the World Corporate International Chess Championship in New York. UBS and Susquehanna International Group are the only two financial companies to break into the semifinals. Exciting afternoon on Monday.

環球市場播報Jun 18 12:56 ET