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UBS Plans Job Cuts in France on Weak Economy & CS Integration
ZACKS· 2024-12-25 00:51
文章核心观点 - UBS集团计划在法国裁员,主要原因是法国经济疲软以及整合瑞士信贷(Credit Suisse)后的业务重组需求 [1][2] 裁员原因 - 法国经济面临重大挑战,2025年上半年预计每季度仅增长0.2%,导致市场环境不利 [1] - 整合瑞士信贷后,UBS需要进行大规模的运营调整,法国是其中被审查的地区之一 [2] 裁员计划 - UBS计划在法国进行裁员,并已将计划提交给员工委员会,同时与员工代表合作制定支持受影响员工的措施 [3] - 2023年8月,UBS宣布计划在瑞士裁员约1/12的员工,以在2026年前削减超过100亿美元的成本 [4] - 2024年4月,UBS宣布计划分五波裁员,预计裁掉50-60%的前瑞士信贷员工 [5] 行业动态 - 其他银行也在采取类似措施,如2024年5月,巴克莱银行(Barclays PLC)在投资银行和研究部门开始裁员,以支持其20亿英镑的成本削减计划 [8] - 2024年3月,花旗集团(Citigroup Inc.)宣布计划在纽约市裁员286人,作为其2026年前裁员20,000人的计划的一部分 [9]
Should Value Investors Buy UBS (UBS) Stock?
ZACKS· 2024-12-24 23:41
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics an ...
Gold will hit $2,900/oz in 2025 on rising sovereign and investor demand, lower interest rates and USD – UBS
KITCO· 2024-12-19 01:00
Ernest HoffmanErnest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news videos in partnership with MSN and the TMX. He has a Bachelor's degree Specialization in ...
Manchester United backed by UBS on Champions League return hopes
Proactiveinvestors NA· 2024-12-17 21:36
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
UBS Plans Wealth Business Shake-Up to Boost Affluent Client Outreach
ZACKS· 2024-12-12 00:21
UBS Group AG (UBS) intends to transform its wealth management business in the United States into six divisions and focus more on wealthy clients tumbling below the ultra-wealthy level, according to an internal memo reviewed by Reuters.The transformation plan indicates the company’s efforts to enhance its performance in the United States.Details of UBS’ Wealth Management Unit Transformation PlanAccording to the Wall Street Journal, which first reported the news of the transformation, UBS plans to allocate mo ...
Verizon Chairman & CEO Hans Vestberg to speak at UBS Global Media & Communications Conference Dec. 9
GlobeNewswire News Room· 2024-12-05 00:00
NEW YORK, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Hans Vestberg, Chairman and CEO of Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the UBS Global Media & Communications Conference on Monday, December 9, at 9:00 a.m. ET. His remarks will be webcast, with access instructions available on Verizon’s Investor Relations website, www.verizon.com/about/investors/. Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mob ...
3 Reasons to Buy Nvidia Stock as the UBS Global Technology and AI Conference Gets Underway
The Motley Fool· 2024-12-04 06:31
It seems Nvidia (NVDA 1.18%) is a victim of its own success. After another incredible quarter in which it doubled its earnings per share (EPS) year over year, the chipmaker's stock sank in the days following its Q3 numbers release. The fact is, expectations could hardly be higher. It's a good thing the company appears to be still firing on all cylinders.This isn't the first time it's been in this situation, and it's likely not the last. Nvidia saw its stock retreat nearly 20% in the weeks following its last ...
SiriusXM to Present at the UBS Global Media and Communications Conference
Prnewswire· 2024-12-04 05:30
NEW YORK, Dec. 3, 2024 /PRNewswire/ -- SiriusXM (NASDAQ: SIRI) today announced that Chief Executive Officer Jennifer Witz will present at the UBS Global Media and Communications Conference. The presentation is scheduled for Tuesday, December 10, 2024, at 2:15 PM ET. A live webcast will be available on SiriusXM's Investor Relations website at https://investor.siriusxm.com.About Sirius XM Holdings Inc.SiriusXM is the leading audio entertainment company in North America with a portfolio of audio businesses inc ...
Microchip Technology to Present at the UBS Global Technology and AI Conference
GlobeNewswire News Room· 2024-12-03 05:15
CHANDLER, Ariz., Dec. 02, 2024 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company will present at the UBS Global Technology and AI Conference on Tuesday, December 3, 2024 at 3:35 p.m. (Mountain Time). Presenting for the Company will be Mr. Steve Sanghi, President and Chief Executive Officer. A live webcast of the presentation will be made available by UBS, and can be accessed o ...
Charter to Participate in UBS Global Media and Communications Conference
Prnewswire· 2024-12-03 00:00
STAMFORD, Conn., Dec. 2, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that Christopher Winfrey, President and Chief Executive Officer, will participate in the UBS Global Media and Communications Conference in New York, New York on Tuesday, December 10, 2024. Mr. Winfrey's remarks are scheduled to begin at 11:15 a.m. ET.A live webcast of the event can be accessed on Charter's investor relations website, ir.charter.com. Following the ...