Activists are calling for accountability from UBS, Switzerland's largest bank, which successfully acquired Credit Suisse in 2023, averting a financial crisis. The takeover has significantly boosted UBS's profits and share price, enhancing its reputation as a leading asset manager. CEO Sergio Ermotti was named "Leader of the Year" in Switzerland and became Europe's highest-paid bank executive with a remuneration of CHF 14.4 million.
15:29 13.10.2024
Investing further in Glarner Kantonalbank shares is not advisable due to existing book losses and a significant cluster risk. Despite an attractive dividend yield exceeding 5%, the continuous decline in share price and disappointing financial figures, including a drop in net profit and rising operating expenses, suggest cautious prospects for recovery.
14:47 13.10.2024
The Swiss National Bank (SNB) operates with a unique structure, where private individuals, including foreign investors like German businessman Theo Siegert, hold shares. Despite owning 5.01% of the SNB, Siegert cannot influence its monetary policy, reflecting the limitations placed on private shareholders. The SNB's mixed ownership, with cantons and cantonal banks holding the majority, ensures its independence while allowing for some private investment.
11:45 13.10.2024
Half of the cantons anticipate budget deficits by 2025, with Vaud facing the largest shortfall of 303 million francs. While some cantons, like Zug and Bern, project revenue increases and surpluses, others are implementing significant cost-cutting measures to address financial challenges. The Swiss National Bank's uncertain profit distribution further complicates the fiscal landscape.
11:27 13.10.2024
The World Bank is eager to support Bangladesh's interim government in its economic reform agenda, focusing on areas like banking, taxation, and anti-corruption. Vice President Martin Raiser expressed excitement about the reforms and highlighted the need for increased foreign direct investment. Chief Adviser Professor Muhammad Yunus emphasized a commitment to tackling corruption and enhancing labor reforms to boost investor confidence.
09:52 13.10.2024
The Saudi Arabia acute care telemedicine market is projected to grow significantly by 2030, with clinician-to-clinician services dominating the revenue share at 61.86% in 2023. Horizon Databook offers extensive market statistics, competitive analyses, and customizable reports, catering to companies, investment firms, and academic institutions. Subscribers benefit from comprehensive data, informed decision-making insights, and a strategic advantage in navigating this evolving sector.
Health Minister Orazio Schillaci announced a three-year plan to hire over 30,000 nurses, addressing a critical shortage in Italy's healthcare system. A 21 million euro fund for antibiotic research was also unveiled, alongside plans to increase healthcare funding from 2 to 3 billion euros. Additionally, a protocol for the entry of Indian nurses is nearing completion to bolster staffing levels.
Indian startups raised $232 million across 29 deals this week, marking a significant recovery from the previous week's $91 million, largely driven by a major debt transaction. Key sectors attracting investment include AI, healthcare, and agritech, with a notable focus on sustainability and capital efficiency as startups navigate market challenges. Rising debt financing is becoming crucial for growth-stage companies, allowing them to expand without diluting equity.
The Australia acute care telemedicine market is projected to grow significantly by 2030, with clinician-to-clinician services dominating revenue at 62.78% in 2023. Horizon Databook offers extensive market statistics, competitive analyses, and customizable reports, catering to companies, investment firms, and academic institutions. Subscribers benefit from comprehensive data, informed decision-making, and strategic insights to navigate this evolving sector effectively.
Liechtensteinische Landesbank (LLB) demonstrates resilience amid market volatility, with a current share price of EUR 77.25, reflecting a 0.65% increase over the past month and a notable annual performance of 15.30%. The bank anticipates a dividend of EUR 2.70 per share for 2024, yielding 3.88%, and a forecasted P/E ratio of 11.82 suggests a reasonable valuation, appealing to investors seeking stable financial stocks.
00:22 13.10.2024
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings