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UBS completes extensive renovation of flagship Kenwood branch office

UBS has completed a 14-month renovation of its Kenwood branch, one of the largest in its network. The extensive overhaul involved stripping the space down to the studs and rebuilding it with meticulous attention to detail, marking it as a flagship office in the Midwest. Viking Partners, in collaboration with DRA Advisors, also renovated the building's lobby during this process.
Cincinnati Business Courier
UBS SA Viking Partners Fund IV LLC DRA Advisors USA Corrie Schaffeld Show more
TradFi, News Article
20:45 18.10.2024

zelenski seeks nato membership amid ongoing war and cautious responses

Ukrainian President Volodimir Zelensky's push for NATO membership remains unfulfilled despite his extensive diplomatic efforts in Brussels. While NATO members reaffirmed that Ukraine's path to membership is "irreversible," significant reservations persist, particularly regarding ongoing conflict and potential escalation risks. Zelensky did secure some financial commitments, with NATO Secretary General Rutte noting that over half of the promised 40 billion euros has been disbursed.
Neue Zürcher Zeitung
United States Dollar Euro Nato B.V. EU 40 VZW DEU RUS BEL UKR USA Olaf Scholz Roberta Metsola Joe Biden Mark Rutte Volodimir Zelensky Show more
Finance & Economy, News Article
20:44 18.10.2024

Robins Financial Credit Union mourns passing of former leader John S Ruffin Sr

Robins Financial Credit Union mourns the loss of former president and CEO John S. Ruffin Sr., who passed away recently. With over 26 years at the National Credit Union Administration, including 12 years as regional director, Ruffin led Robins Financial CU from 2004 until his retirement in 2008. His legacy of leadership and commitment to service will be cherished by many.
American Banker
Deutsche Bank Aktiengesellschaft National Bankshares, Inc. Robins Financial CREDIT_UNION UBS SA USA Christina O'Brien John S. Ruffin Sr. Show more
TradFi, News Article
20:43 18.10.2024

harvard endowment achieves 9.6 percent return through strategic asset allocation shifts

Harvard's $53.2 billion endowment achieved a 9.6% return in fiscal year 2024, driven by strategic manager selection and significant shifts in asset allocation. The endowment reduced real estate and natural resources exposure while increasing private equity and hedge fund allocations, with technology stocks contributing to the strong performance. Despite private equity underperforming relative to public markets, the overall results positioned Harvard favorably among Ivy League peers.
Institutional Investor
Markov Processes International Brown & Brown, Inc. Princeton Bancorp, Inc. Mitek Systems, Inc. Dartmouth Amelia LLC Harvard Management Company Inc. University of Pennsylvania Cornell 245-247 LLC Hyster-Yale, Inc. Columbia Financial, Inc. USA N.P. Narvekar Michael Markov Show more
Finance & Economy, Market Report
20:16 18.10.2024

software publishers show resilience with strong sales and recruitment plans for 2024

The software publishing sector demonstrated resilience with €21.7 billion in sales in 2023, driven by a strong focus on SaaS, which accounts for 61% of sales. While recruitment ambitions slightly decreased, 72% of companies still plan to hire, and 54% are considering acquisitions to bolster international growth. Despite a challenging fundraising environment, 82% of publishers maintain profitability, highlighting their stable business model.
EYFrance
Euro Microsoft Corporation Apple Inc.
Technology & Innovation, Market Report
20:01 18.10.2024

ubs raises price target for swiss re despite sell recommendation

Swiss Re shares experienced a slight decline of 0.3% to CHF 116.35 on October 18, 2024. UBS raised its price target for the company from CHF 101 to CHF 106 while maintaining a sell recommendation. Despite short-term fluctuations, Swiss Re remains a significant player in the reinsurance market, with a market capitalization of EUR 36.0 billion and positive ratings from analysts like JPMorgan.
aktiencheck.de
Swiss Franc JPMorgan Chase & Co. Swiss Re AG Hannover Rück SE UBS SA Munich ReThink GmbH CHE UBS Munich Re Hannover Re JPMorgan Show more
TradFi, Market Report
19:26 18.10.2024

healthcare executive compensation rises amid ongoing industry challenges and pressures

Healthcare executive pay rose by 4.6% this year, consistent with last year's growth, with system-level executives seeing higher increases (5.2%) compared to subsidiary hospital executives (3.5%). Despite challenges like rising labor costs and cybersecurity threats, total cash compensation for system-level executives increased by 8.3%, driven by improved performance and incentive awards. Recommendations include enhancing compensation offers to attract talent and updating executive pay structures to reflect role criticality and market demands.
Healthcare Finance News
United States Dollar Himss SullivanCotter
Finance & Economy, Market Report
19:10 18.10.2024

medical debt collection industry faces backlash over proposed credit report changes

The debt collection industry, bolstered by private-equity investments, opposes a federal proposal to remove medical debts from credit reports, arguing it could lead to increased defaults and reduced revenue for healthcare providers. While proponents believe it would alleviate financial burdens on consumers, critics warn it may result in more lawsuits and hinder lenders' ability to assess borrowers' financial health. The debate highlights the broader issues within the U.S. healthcare system, where rising medical costs have left many Americans with significant debt.
Washington Post
United States Dollar ACA International American Bankers Association Medical Group Management Association Clarion Capital Ltd. NexPhase American Medical Association Professional Diversity Network, Inc. Meduit American Hospital Association USA Jack Brown Rohit Chopra Donald Trump Hallee Morgan Kamala Harris Show more
Finance & Economy, News Article
19:00 18.10.2024

comparing global salaries through the big mac index

Since 1986, The Economist has utilized the Big Mac index as a playful measure of currency valuation, leveraging the burger's global consistency. This approach also serves as a means to compare international salaries by assessing how many Big Macs a typical worker can afford with their earnings.
The Economist
United States Dollar USA Show more
Finance & Economy, Market Report
19:00 18.10.2024

Switzerland's Struggle with Sanctions Against Russia and Its Neutrality Policy

Switzerland's Federal Council has opted not to adopt the EU's new sanctions requiring companies to ensure their foreign subsidiaries comply with restrictions against Russia, a decision criticized by the Social Democrats and the US ambassador. While supporting sanctions is essential, the proposed extraterritorial application is legally problematic and lacks effective enforcement mechanisms. Instead, Switzerland should focus on strengthening its own regulatory capabilities to monitor and address potential circumventions of sanctions within its territory.
Neue Zürcher Zeitung
United States Dollar State Secretariat for Economic Affairs (Seco) USA Scott Miller G. T.
Regulatory & Legal, News Article
18:44 18.10.2024
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