{
}
UBS is facing pressure from Swiss regulators to increase capital reserves, prompting discussions about potentially relocating its headquarters. While the bank emphasizes its commitment to remaining in Switzerland, experts suggest that alternatives like Singapore are limited, and a move may not be financially viable for 10 to 15 years. The ongoing uncertainty is impacting UBS's share price, which has underperformed compared to its peers.
UBS has maintained a "Buy" rating for Nordea Bank Abp, setting a target price of 150 Swedish kronor ahead of the bank's first quarter results due on April 16. Analyst Johan Ekblom anticipates a slight decline in net profit compared to the previous quarter, projecting a 19% drop year-on-year due to lower revenues, increased costs, and normalizing credit losses. He also notes that interest rate cuts will pose challenges to earnings, with deposit protection and currency effects insufficient to mitigate these pressures.
Barclays has appointed Scott Schulte as global co-head of its investment grade syndicate, alongside Marco Baldini. Schulte previously led the U.S. unit since October 2023. Additionally, Sam Wareham has joined from Deutsche Bank to head the corporate investment grade syndicate in Europe, based in Paris. The leveraged finance syndicate will see Bjorn Andersen and Anastasia Chernetskaya, both former Deutsche Bank executives, join the London team under Ben Burton.
Barclays has appointed Scott Schulte as global co-head of its investment grade syndicate, alongside Marco Baldini. Schulte previously led the U.S. unit since October 2023. Additionally, Sam Wareham has joined from Deutsche Bank to head the corporate investment grade syndicate in Europe, based in Paris, while Bjorn Andersen and Anastasia Chernetskaya join the leveraged finance syndicate in London.
Barclays has appointed Scott Schulte as global co-head of its investment grade syndicate, alongside Marco Baldini. Schulte previously led the U.S. unit since October 2023. Additionally, Sam Wareham has joined from Deutsche Bank to head the corporate investment grade syndicate in Europe, based in Paris. The leveraged finance syndicate will see Bjorn Andersen and Anastasia Chernetskaya join from Nordea Bank and Deutsche Bank, respectively, both based in London.
Barclays has appointed Scott Schulte as global co-head of its investment grade syndicate, alongside Marco Baldini. Schulte previously led the U.S. unit since October 2023. Additionally, Sam Wareham has joined from Deutsche Bank to head the corporate investment grade syndicate in Europe, based in Paris, while Bjorn Andersen and Anastasia Chernetskaya join the leveraged finance syndicate in London.
Vermont’s pension investment commission plans to expand its biodiversity voting policy and may oppose directors due to inadequate AI management impacting shareholders. Meanwhile, the EU is moving towards a potential delay in the Corporate Sustainability Reporting Directive, with member states urging swift adoption of the stop-the-clock proposal. Slovenia has introduced a sustainability-linked bond framework, becoming the first European sovereign to do so, while the Asian Investor Group on Climate Change highlights significant gaps in national adaptation plans across nine Asian markets.
Nordea Asset Management has retained the ‘sustainable’ label for 17 of its Nordea 1 Sicav funds ahead of the European Securities and Markets Authority’s new naming guidelines, effective May 21. These funds are committed to a minimum 50% allocation to sustainable investments and comply with Paris-aligned benchmark exclusions, with minimal changes required due to Nordea's strong sustainability credentials.
Nordea Bank Abp declared a dividend of $0.98, payable on April 7th to stockholders of record as of March 24th. The bank reported earnings of $0.34 per share for the last quarter, exceeding estimates, and has received "overweight" ratings from Morgan Stanley and Barclays. Currently, shares are trading at $13.99, with a market cap of $48.84 billion.
UBS is contemplating relocating its headquarters from Switzerland due to escalating tensions with Swiss authorities over proposed capital surcharges that could render the bank uncompetitive. Following its acquisition of Credit Suisse, UBS faces increased regulatory scrutiny, prompting discussions about its future in the Swiss financial landscape. A departure would significantly impact the Swiss financial center, although UBS holds licenses in several EU countries, making such a move feasible.
Nordea Bank Abp
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ubs considers leaving switzerland amid capital reserve demands and share price decline
Swiss Franc
Euro
United States Dollar
Credit Suisse Strategic Income I
Nordea Bank Abp
The Goldman Sachs Group, Inc.
UWS JP Morgan EM A OSB
CHE
Sergio Ermotti
Markus Ronner
Show more
15:54 28.03.2025
ubs maintains buy rating for nordea bank ahead of quarterly results
23:21 27.03.2025
Barclays appoints Scott Schulte as co-head of investment grade syndicate
Nordea Bank Abp
Deutsche Bank RV Global PP
Barclays PLC
GBR
Anastasia Chernetskaya
Marco Baldini
Ben Burton
Björn Andrésen
Scott Schulte
Sam Wareham
Show more
18:11 25.03.2025
Barclays appoints Scott Schulte as co-head of global investment grade syndicate
Nordea Bank Abp
Deutsche Bank RV Global PP
Barclays PLC
GBR
Anastasia Chernetskaya
Marco Baldini
Björn Andrésen
Scott Schulte
Sam Wareham
Show more
18:11 25.03.2025
barclays appoints new co-heads for global investment grade syndicate
United States Dollar
Nordea Bank Abp
Deutsche Bank RV Global PP
Barclays PLC
GBR
Anastasia Chernetskaya
Marco Baldini
Björn Andrésen
Scott Schulte
Sam Wareham
Show more
18:05 25.03.2025
barclays appoints scott schulte as co-head of investment grade syndicate
Nordea Bank Abp
Deutsche Bank RV Global PP
Barclays PLC
GBR
Anastasia Chernetskaya
Marco Baldini
Björn Andrésen
Scott Schulte
Sam Wareham
Show more
18:05 25.03.2025
global investment strategies focus on sustainability and climate risk management
16:19 25.03.2025
Nordea maintains sustainable fund labels ahead of new Esma guidelines
14:10 25.03.2025
Nordea Bank Abp announces dividend and reports strong quarterly earnings performance
13:29 23.03.2025
UBS considers relocating headquarters amid tensions with Swiss authorities
Swiss Franc
Nordea Bank Abp
Credit Suisse Strategic Income I
FIN
HKG
CHE
SWE
GBR
Sergio Ermotti
David Benamou
Carlo Lombardini
Show more
09:05 23.03.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
Central Bank Actions
GDP Growth & Recession Forecasts
CEO Changes
Global Trade Developments
Industry Mergers & Acquisitions
Financial Scams and Security
Market Analysis and Predictions
Inflation and Monetary Impact
Government Policies
Government Economic Policies
Supply Chain Management
Domestic Politics
Workplace Trends
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Bank of America Corporation
Barclays PLC
Wells Fargo & Company
Citigroup Inc.
Deutsche Bank Money Market PP
Morgan Stanley
Huawei Technologies CO. Ltd.
Lloyds Banking Group plc
Credit Suisse Strategic Income I
AXA SA
Safran SA
Banco Santander, S.A.
Novartis AG
Swiss Re AG
Beazley plc
UBS AG
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Russian Ruble
Canadian Dollar
Australian Dollar
United Arab Emirates Dirham
Saudi Riyal
Danish Krone
Offshore Chinese Yuan
Hong Kong Dollar
Mexican Peso
Indonesian Rupiah
South Korean Won
Malaysian Ringgit
Vietnamese Đồng
People: