TIM’s Top Investor Vivendi Holds Onto Its Stake After KKR’s Approach
Vivendi (VIV.PA), Telecom Italia's (TLIT.MI) top investor, said it intended to stay in the group for the long haul, sending a warning to KKR (KKR.N) that it could hamper the ...
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Tag: UBS
UBS Quarterly Profit Surge To A 6-Year High Fueled By Its Fee Bonanza
While UBS (UBSG.S) posted its highest quarterly profit since 2015 on Tuesday, robust trading activity by the world's ultra-wealthy led to a 23% surge in fee income. The surprisingly strong ...
Gold Could Surge Past $1,800 An Ounce, UBS Says
There is a possibility that gold prices may ‘break the highs’ set earlier this year. The precious metal had adopted a strong uptrend until March when it crumbled along with ...
Former UBS Chief Wants His Crypto Bank to Target Crypto Market
Despite the recent crash in the crypto market, some investors consider it a perfect investment opportunity. A director at Swiss crypto bank Sygnum and former CEO of Switzerland’s largest bank ...
Switzerland Will Cooperate with International Regulators on Libra
Since Facebook unveiled the Libra white paper back in June, the project has faced opposition from governments and regulators around the world. Just when commentators thought that the global stablecoin ...
UBS Gets Relief As LIBOR Manipulation Lawsuit Gets Dismissed In New York
A lawsuit against UBS brought by FrontPoint was dismissed in the New York District Court recently by Judge Vernon S. Broderick. The judge said that the plaintiff doesn’t have sufficient ...
Bullish Move is Signaled for Bitcoin. We Might Be Leaving the Red Zone
Highlight: The bullish move is signaled as Bitcoin stays above the 50 days moving average line. Can bulls hold price ahead $4k? BTC/USD Long-term Trend: Bullish (1D chart) Key Levels: ...
What is Ripple? XRP and Ripple Fully Explained
The major question remains: What is Ripple? Is Ripple a cryptocurrency that was created in the image of Bitcoin? The best answer is ‘NO.’ However, it always gets clustered in ...
While UBS Chief Economist Buries Bitcoin, Bulls Sharpen Its Weapons
During the interview, UBS Global Wealth Management's chief economist Paul Donovan "buried" Bitcoin and said that cryptocurrencies are nearing the end of the road because there's lack of regulations and ...