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ubs considers relocating headquarters amid rising capital requirements and regulatory tensions
UBS is contemplating relocating its headquarters amid potential capital requirement increases of up to $40 billion, which could hinder its global competitiveness. CEO Sergio Ermotti emphasized that excessive regulations could penalize the bank's diversified operations and impact Switzerland's economy. The bank's commitment to a Swiss identity remains, but it faces challenges balancing local regulations with its international business strategy.
citizens financial group reports earnings beat and announces quarterly dividend
Citizens Financial Group reported Q4 earnings of $0.85 per share, surpassing estimates, with revenue of $1.99 billion, slightly down year-over-year. The bank declared a quarterly dividend of $0.42, yielding 4.08%, and has a Moderate Buy rating from analysts, with a consensus price target of $49.06. Institutional investors hold 94.90% of the stock, reflecting strong interest despite recent target price adjustments by various analysts.
citizens financial group reports earnings dividend and analyst ratings updates
Citizens Financial Group reported Q4 earnings of $0.85 per share, exceeding estimates, with revenue of $1.99 billion, slightly down year-over-year. The bank declared a quarterly dividend of $0.42, yielding 4.10%, and analysts maintain a "Moderate Buy" rating with a target price averaging $49.22.
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