ZURICH/BERN According to media reports, the Swiss supervisory authorities are urging UBS to take over its smaller local rival. State guarantees are a prerequisite for a deal that will be frantically negotiated over the weekend. The Swiss government in Bern should issue a guarantee to cover the risks associated with the takeover, it said. The … Read more
The Taoiseach of Ireland, Micheál Martin, has remained calm and assured in the face of recent market jitters, which have been sparked by Credit Suisse’s involvement in a series of hedge fund losses. Despite concerns about the stability of Irish banks, Martin has stated that he is “not concerned” about the impact of the Credit … Read more
NEW YORK Higher surcharges had prevented in the course of the week, above all, the increased interest rates on the capital markets. They threaten to erode corporate profits while making stocks less attractive relative to bonds. On Friday, however, the yield on ten-year US Treasury bonds fell below the four percent mark again, which it … Read more
Rents will rise next year. If you don’t pay, you can be expelled – within a fairly short period of time. Tenants are threatened with eviction in a short time due to the high additional costs. – Keystone A.D the essentials in short Rents and bills will rise next year. Those unable to pay could … Read more
Frankfurt am Main skyline Frankfurt was particularly affected by the crown pandemic: jobs were cut at both Frankfurt Airport and at the Frankfurt Messe. (Photo: imago images / Jan Eifert) From his workplace at the Old Stock Exchange, Ulrich Caspar looks directly at the forecourt with the bull and bear sculptures. The trade hall of … Read more
Image source: Press photo © OMV Aktiengesellschaft – After the sharp price slumps in January, especially in the technology sector, the stock exchanges have recently been able to stabilize again at times. However, investors are not in the mood to buy just yet. Because of the high inflation rates, key interest rates are likely to … Read more
– Börse in New York The record high sales at Tesla are also driving up the share prices of competitors. – (Photo: Reuters) – – – – Frankfurt, New York Details from the December minutes of the US Federal Reserve (Fed) put the US stock exchanges under pressure on Wednesday. The Dow Jones Industrial, which … Read more
GALAMEDIA – Gold price today, Sunday, July 18, 2021 in 2021 pawnshop tracked down for gold Antam nor UBS on every measure, compared to yesterday. Had an increase a few days ago, today is gold Antam back down. The size of 1 gram decreased by IDR 7000 to IDR 982,000. The size of 2 grams … Read more
The European Commission has ruled that 7 investment banks are guilty of violating antitrust laws during the 2008 global financial crisis, penalizing Nomura, UBS and UniCredit with cumulative fines of $ 371 million, writes CNBC. – The seven banks participated in “a cartel of bond transactions” on the secondary and primary market of European government … Read more
Düsseldorf Alleged “human error” costs the major US bank Citigroup almost half a billion dollars. In August 2020, the bank transferred a total of $ 893 million to several creditors as loan administrator for the cosmetics manufacturer Revlon, appearing to be repaying a loan that was actually not due until 2023. In fact, Citigroup said … Read more