St. Galler Kantonalbank (SGKB) is experiencing growth, with new customers likely shifting from larger banks. The upcoming Swiss National Bank assessment may lead to lower interest rates for savings accounts, as capital market rates decline, making loans cheaper but pressuring savings rates. SGKB is also considering the possibility of negative interest rates, though the bank's head believes they are undesirable for the economy.
St. Galler Kantonalbank (SGKB) has seen growth in corporate clients, with some new customers shifting from larger banks. The upcoming Swiss National Bank assessment may lead to lower interest rates for savings accounts, as capital market rates decline, making loans cheaper. SGKB is also considering the implications of negative interest rates, which the bank believes are undesirable for the economy.
St. Galler Kantonalbank (SGKB) has seen a 6.5% increase in corporate clients since the beginning of 2023, attributed to the CS takeover by UBS, according to CEO Christian Schmid. He indicated that the bank is on track for its annual results, maintaining a forecast similar to the previous year, while also considering potential changes in interest rates based on the Swiss National Bank's upcoming decisions. Schmid reaffirmed SGKB's commitment to supporting the Olma trade fairs, where the bank holds a 7% stake.
St. Galler Kantonalbank (SGKB) has seen a 6.5% increase in corporate clients since early 2023, attributed to the CS takeover by UBS, according to CEO Christian Schmid. He noted that interest rates for savings accounts will depend on the upcoming SNB assessment, with potential for lower rates and even negative interest rates being considered. SGKB aims to maintain a dividend payout ratio of at least 50% of profit and remains committed to supporting the Olma trade fairs as a shareholder.
Boryszew S.A. generates revenues primarily from the motorization segment (PLN 1.66 billion) and chemicals (PLN 161.59 million), but faces challenges with a high payout ratio of 486.5% and a volatile dividend history. Recent financial results indicate a net loss for Q3 2024 and declining revenues, raising concerns about future dividend sustainability. In contrast, St. Galler Kantonalbank offers a stable dividend yield of 4.5% with a payout ratio of 57.1%, while Taihei Dengyo Kaisha has a 2.99% yield and a 27.6% payout ratio, indicating better coverage by profits.
The St. Galler Kantonalbank forecasts further interest rate cuts by the Swiss National Bank, but not below zero, while emphasizing the attractiveness of high-dividend equities in a low-rate environment. Bitcoin is deemed a speculative asset unsuitable for strategic allocation, contrasting with gold, which remains a reasonable hedge. Geopolitical risks are acknowledged but viewed as short-term fluctuations rather than decisive factors.
St. Galler Kantonalbank forecasts further interest rate cuts by the Swiss National Bank, but not below 0%, while emphasizing the attractiveness of high-dividend equities in a low-rate environment. Despite the strong performance of gold and Bitcoin, the latter is deemed a speculative asset unsuitable for strategic allocation, with significant price volatility and high correlation to stocks.
The US dollar has surged 6% since early October, reaching its highest value since 2022, driven by inflation concerns linked to potential punitive tariffs and tax cuts under Trump. However, this strength may be overstated, as the Fed is likely to maintain lower interest rates, and various economic factors could weaken the dollar moving forward. The current appreciation against the Swiss franc may not be sustainable, suggesting a cautious outlook for travelers planning to exchange currency.
The US dollar remains the dominant global currency, holding 62% of foreign exchange reserves, while the euro trails at 20%. Despite efforts from BRICS nations to establish alternatives, the dollar's unique attributes—such as a large economy, liquid capital markets, and free tradability—ensure its continued supremacy. The euro is the only potential challenger, but its structural flaws hinder confidence in its viability.
Swisscom AG, a major telecommunications provider, has a dividend yield of 3.94%, with stable but unreliable dividends over the past decade. Despite a high debt level, its payout ratios indicate sustainability. Meanwhile, Meier Tobler Group offers a 4.64% yield, but its dividends have been volatile.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.
