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Kristin Larson, a former UBS advisor with nearly $200 million in client assets, has launched her independent practice, NewSpring Wealth Partners, after recognizing the benefits of independence. A CERTIFIED FINANCIAL PLANNER® and Top Next-Gen and Women Wealth Advisor, Larson aims to empower mid-career professionals, particularly women, by providing a supportive and confidential environment for financial decision-making. Sanctuary Wealth's President, Vince Fertitta, commended her achievements and the growth potential of her new firm within their extensive network.
Wendy's Company operates, develops, and franchises quick-service restaurants, specializing in made-to-order square hamburgers with never frozen beef, salads, and signature items like chili and Frosty desserts. With over 7,000 restaurants globally, its segments include Wendy's U.S., Wendy's International, and Global Real Estate & Development, covering operations in the U.S. and other countries, as well as real estate activities related to franchising.
UBS has upgraded Johnson Controls International PLC to a Buy rating, increasing its price target to $103, driven by the appointment of new CEO Joakim Weidemanis and the potential for significant profit improvements. Analysts anticipate a 20% upside, citing Weidemanis's successful track record at Danaher, which achieved substantial operating margin gains. With strong demand in commercial HVAC and a focus on higher-margin services, UBS projects a 6% EPS growth above consensus by 2028, bolstering confidence in the company's long-term prospects.
UBS Group CEO Sergio Ermotti reaffirmed the bank's commitment to China and Hong Kong, describing these regions as crucial growth markets despite their volatility. He labeled Asia as an "absolute engine" of growth for UBS, which recently reported a fourth-quarter net profit of $800 million and a full-year profit of $5.1 billion for 2024.
UBS Group AG's CEO views China and Hong Kong as key growth markets. The company operates through four main divisions: wealth management (50.9% of income), investment banking (20.8%), client and commercial banking (20.2%), and asset management (6.3%). By the end of 2023, UBS managed USD 792 billion in deposits and USD 639.8 billion in loans.
UBS Group AG operates across four main sectors: wealth management (50.9% of revenues), investment banking (20.8%), retail and corporate banking (20.2%), and asset management (6.3%). As of the end of 2023, the group reported USD 792 billion in current deposits and USD 639.8 billion in current loans. Uncertainties, including those related to tariffs, may impact future performance.
UBS Group AG is making significant strides in increasing its market share, with its revenue distribution as follows: wealth management (50.9%), investment banking (20.8%), retail and corporate banking (20.2%), asset management (6.3%), and other (1.8%). By the end of 2023, the group reported USD 792 billion in current deposits and USD 639.8 billion in current loans.
Shares in online food delivery services saw increased demand, with Delivery Hero leading the MDax with a 5% rise, surpassing the 21-day moving average. UBS maintains a buy recommendation for Delivery Hero, projecting a price target of 55 euros, indicating potential for significant growth. Other companies in the sector, including Hellofresh, Just Eat Takeaway, and Deliveroo, also experienced price gains, reflecting positive market sentiment ahead of Delivery Hero's upcoming quarterly figures.
Johnson Controls International Plc focuses on designing, manufacturing, and marketing equipment for building regulation and safety. Its net sales are primarily derived from building management systems (77.9%) and heating, air conditioning, and security systems (22.1%), with a significant portion of revenue coming from North America (63.5%). The company generates 69.6% of its sales from products and 30.4% from services, highlighting its diverse operational capabilities.
UBS is discontinuing cashless withdrawals via QR code and the ability to deposit coins at ATMs following its integration with Credit Suisse. Customers will now face a service fee of at least 15 francs for coin deposits, which will take several days to process. The trend of decreasing ATMs in Switzerland continues, with numbers expected to drop from nearly 7,300 in early 2020 to about 6,200 by the end of 2024.
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kristin larson launches new independent firm after successful career at ubs
21:04 10.02.2025
wendys eyes sales recovery amid market slowdown according to ubS analysis
20:45 10.02.2025
ubs upgrades johnson controls on new ceo and profit potential
19:46 10.02.2025
ubs ceo highlights china as key growth driver for the bank
19:21 10.02.2025
ubs ceo highlights growth potential in china and hong kong markets
18:43 10.02.2025
ubs ceo highlights uncertainties impacting global financial landscape and operations
18:17 10.02.2025
ubs group reports strong market share growth and financial stability
18:15 10.02.2025
delivery hero shares rise as market shows positive trends in food delivery
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18:12 10.02.2025
Johnson Controls targets growth following strategic divestitures and leadership changes
17:50 10.02.2025
ubs abolishes cashless withdrawals and coin deposits at atms
17:17 10.02.2025
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