
Swiss Finance Minister: UBS Leaving Switzerland 'More Costly' Than Staying
Finance Minister Karin Keller-Sutter rules out the banking group's departure to avoid stricter capital rules.

Finance Minister Karin Keller-Sutter rules out the banking group's departure to avoid stricter capital rules.

The investment bank says the recently pressured stock has upside despite its recent decline, according to CNBC.

Cash transactions and high-end brands like Bugatti and Porsche are fueling a boom in Miami's ultra-luxury housing segment, with UBS seeing a declining risk of a bubble.
Switzerland's largest bank would be required to cover 90% of the value of its foreign subsidiaries with high-quality equity capital under the measure.
The Sky News Arabia — Business report highlights the material on this development, while keeping the allegations attributable to their sources.
The Swiss bank suggests investors look toward emerging Asian bond markets as one option for navigating a period of elevated global yields.

Analysts at UBS point to volume and pricing growth as reasons for further gains in the freight railroad's stock, according to CNBC.

The Wall Street bank argues Palantir's valuation lags peers even as demand for its services continues to drive growth, according to CNBC.

The bank raised its rating on the defense contractor to buy from neutral, according to a CNBC report.

A robust August jobs report has increased the perceived likelihood of a Federal Reserve interest rate hike, prompting UBS to outline asset classes it favors and those it recommends avoiding, according to CNBC.
A report from CNBC — Top News sets out the main available details, with claims kept attributed to their sources.