03/20/2023
UBS will become the undisputed global leader in managing money for the wealthy through the takeover of its main rival, triggering some concerns about concentration risks for clients.
03/17/2023
The bank notes that its liquidity coverage ratio (high quality liquid assets as a share of potential 30-day stressed outflows) had improved further, from a high of 144% in FY 2022 to 150% on 14 March 2023.
03/17/2023
But policymakers face the challenge of balancing their battle with inflation against mounting risks to growth and financial stability.
03/16/2023
The changes and what they mean for financial planning strategy
03/16/2023
These banks are well-capitalized and may be less prone to credit contagion.
03/16/2023
The Swiss stock market’s performance is strongly correlated to the US dollar, a factor often overlooked by investors, according to Karsten Junius and Wolf von Rotberg.
03/16/2023
Despite a raft of measures to boost growth, and positive short-term news from the OBR, we think the outlook for the UK remains challenging.
03/15/2023
The Bank faces something of a conundrum about whether to hold rates and inject some stability or to continue to fight inflationary fires.
03/15/2023
The UBS Chief Investment Office (CIO) provides guidance in the event of a last-minute settlement that raises the debt ceiling as well as a failure by Congress to do so.
03/15/2023
Initial cost estimates, as well as the Treasury’s own budget policy costings, are inherently open to a high degree of uncertainty in this area though.
03/15/2023
Every month, Portfolio Adviser asks a cross section of industry commentators for their views on the same topic
03/15/2023
The country hit flu season just as NHS waiting times hit a record high, with 7.2 million people waiting to start routine treatment as of the end of October, according to the British Medical Association.
03/14/2023
The period of application of the exceptional measures provided for by the law was extended several times during COVID-19 and finally ended on 31 December 2022 in view of the improvement in the overall health situation.
03/14/2023
Its large investment portfolio was particularly exposed to longer-dated bonds, with little hedging to protect against rising policy rates.
03/14/2023
JTC also made donations to support all the selected charities, with the Isle of Man team receiving an additional £500 donation towards their chosen charity for 2023 in recognition of being the Group’s ‘top fundraiser’ per employee.
03/14/2023
Nevertheless, salaries for management did not fall as quickly as in 2021, because the fixed salary component was raised in total from 29.5 million to 32.2 million Swiss francs, corresponding to the total compensation for the past year.
03/14/2023
The main reason this was necessary is because the bank invested deposits in long duration (interest rate sensitive) bonds when interest rates were very low.
03/14/2023
London predictably sits top of the table as the region to have seen the most expensive home sold in 2022.
03/14/2023
The Spear’s research unit tapped into this deep resource of knowledge to get an idea of how the most rarefied reaches of the property market have changed – and how conditions may soon evolve.
03/13/2023
2022 was a challenging year for businesses around the world, to say the least.