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uber technologies faces price target cuts amid mixed analyst ratings

FDM Group shares decline as Deutsche Bank cuts price target to 275 GBp

FDM Group shares (LON: FDM) have seen a significant decline, dropping 24.59% in early 2025 and 47.88% over the past year. Deutsche Bank has cut its price target from 360 GBp to 275 GBp while maintaining a Hold rating, reflecting cautious optimism amid a challenging market. The stock, currently trading at 239.50p, has fallen over 80% since September 2021, as it seeks support in a fluctuating environment.

swiss bank embroiled in money laundering scandal linked to uzbek telecoms fortune

Lombard Odier faces serious money laundering charges from the Swiss Attorney General, echoing the Credit Suisse scandal. The allegations stem from connections to Gulnara Karimova, daughter of Uzbekistan's former president, whose criminal organization funneled billions into the bank through a Russian consultant. Despite the charges, Lombard Odier claims the allegations are unfounded and plans to defend itself vigorously.
21:01 29.11.2024
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