Trends - UBS - Business Recorder

UBS

Platinum takes a breather in European trade

LONDON/ROTTERDAM: Platinum prices eased in choppy trading on Tuesday after rallying to a near 6-1/2-year high on ...

Published 17 Feb, 2021 04:24am

Business & Finance

Sterling hits fresh highs against dollar and euro

LONDON: Sterling hit two-and-a-half-year highs against the dollar on Tuesday and set a nine-month high to the euro ...

Updated 17 Feb, 2021 09:34am

Business & Finance

National Bank of Kuwait hires banks for dollar AT1 bonds: document shows

NBK hired Citi, HSBC, JPMorgan, NBK Capital, Standard Chartered and UBS to arrange investor calls starting on Tuesday.
NBK is also inviting holders of its outstanding $700 million AT1 bonds to tender the securities for cash, subject to the successful new AT1 transaction and other conditions.

Published 16 Feb, 2021 08:25pm

Markets

Montana Aerospace prepares for $1.8bn stock market listing

FRANKFURT: Austrian-Swiss aircraft parts maker Montana Aerospace is preparing for a $1.8 billion stock market ...

Published 16 Feb, 2021 04:07am

Business & Finance

UBS reaps rich rewards from pandemic with strongest performance since 2006

UBS Q4 profit beats expectations.
UBS announces new 4 bln Sfr share buyback programme.

Published 26 Jan, 2021 08:15pm

Business & Finance

UBS CEO confident of ‘good results’ in Dutch criminal investigation

In the original case, as you know, the prosecutor came to the same conclusion twice: that there is no evidence against anyone working for ING or who had worked for ING.
A Dutch court ordered the investigation, which relates to Hamers' previous role heading the Dutch lender, in December.

Published 26 Jan, 2021 05:51pm

Business & Finance

Profits climb at Swiss banking giant UBS despite pandemic

Net profit for 2020 was up 54 percent at $6.6 billion (5.4 billion euros).

Published 26 Jan, 2021 05:47pm

Markets

UBS reaps rich rewards from pandemic with best pre-tax profit since 2006

Earlier this month, Wall Street lenders focused on trading and investment banking posted blockbuster results, while consumer-oriented banks including Bank of America took a hit to business.

Published 26 Jan, 2021 02:36pm

Markets

Mexico peso hits 2-wk low after president tests positive for COVID-19

Along with the dollar gaining momentum, sluggish crude markets weighed on commodity-reliant currencies, with Colombia's peso dropping up to 2.2% to a near two-month low.

Published 26 Jan, 2021 12:35am

Business & Finance

Sterling falls; speculative longs hit 10-month highs

LONDON: The pound fell on Monday as rising COVID-19 cases hurt global risk appetite, but futures data showed the...

Published 19 Jan, 2021 04:22am

Markets

Stocks rise, U.S. yield falls; demand weighs on oil

Consumer prices are expected to run hotter in a couple of months when March and April of 2020, which saw very low inflation, fall off the yearly reading.

Published 13 Jan, 2021 11:33pm

Markets

UBS hires StanChart's Granger as head of Southeast Asia M&A

UBS confirmed the appointment.

Published 12 Jan, 2021 02:10pm

Business & Finance

UBS aims to double China investment banking staff for growth

Eugene Qian, chairman of UBS' China brokerage venture, also said there's a price to pay for not investing in China.
As China continues to open up its capital markets, more foreign capital is coming in, making talents in China scarce.

Published 11 Jan, 2021 09:37pm

Markets

Oil touches fresh 11-month highs, shrugging off unrest in Washington

Brent crude rose 28 cents to $54.58 a barrel by 11:35 a.m. EST (1635 GMT) after touching $54.90, a fresh high not seen since before the first COVID-19 lockdowns in the West.

Published 07 Jan, 2021 11:59pm

Markets

Gold set to wrap up shiniest year since 2010

European shares retreat, set to end year with losses.
Silver up 48% this year, also on track for best year since 2010.
Palladium up for fifth straight year, gains 22% in 2020.

Published 31 Dec, 2020 06:53pm

Business & Finance

Asia's capital markets to focus on vaccine in 2021, say bankers

The $37 billion Ant Group IPO, shelved in November when China announced a new regulatory regime for fintech companies, would have propelled Hong Kong to the top of the global rankings.

Published 23 Dec, 2020 11:39am

Markets

Oil tumbles 4pc as new virus strain revives demand fears

Brent climbed above $50 last week for the first time since March, buoyed by optimism stemming from COVID-19 vaccines.

Published 22 Dec, 2020 12:59am

Business & Finance

UBS to sell Austrian wealth business to LGT

Terms of the sale of the business, with just under 5 billion euros ($6.09 billion) in managed assets and some 50-60 employees, were not disclosed.

Published 16 Dec, 2020 08:03pm

Business & Finance

UBS CEO under scrutiny from Dutch prosecutors for anti-money laundering compliance

"UBS takes note of the decision of the Dutch court to order the public prosecutor to open an investigation of Ralph Hamers, in his capacity as the former CEO of ING.

Published 09 Dec, 2020 01:26pm

Business & Finance

JPMorgan hires UBS's Huang for Asia ECM role

The sources could not be named because the information has not yet been made public. JPMorgan and UBS declined to comment.

Published 07 Dec, 2020 11:34am

Business & Finance

UBS banks on hybrid digital platform to boost millionaire business

The Swiss company's focus on technology is expected to increase in its core private banking business in an effort to boost revenue growth while managing costs.
Since launching in Switzerland, we've never seen so many non-clients reaching out to us.

Published 18 Nov, 2020 06:39pm

Business & Finance

UBS to increase salaries, reduce bonuses in pay shake-up

UBS regularly analyses its total compensation structure. As a result, we will adjust selectively certain salary levels to remain competitive.
UBS, the world's largest wealth manager, said last week it was giving lower-ranking employees an extra week's pay this year.

Published 26 Oct, 2020 06:18pm

Business & Finance

Bad loan provisions weigh on UBS earnings

Net profit slid by 11 percent from the April-June period last year to $1.2 billion (1.1 billion euros), while operating profits nudged 2 percent lower to $7.4 billion.

Published 21 Jul, 2020 07:28pm

Business & Finance

UBS, Morgan Stanley expected to lead Vodafone Tower IPO

The two banks boast a close relationship with Vodafone and both pitched to become joint global coordinators in the listing, which is expected early next year.
Goldman Sachs has also pitched for a top job in the initial public offering (IPO) and hopes to be in the driving seat.

Published 17 Jul, 2020 07:08pm

Business & Finance

UBS eyes 5-10bn Swiss franc mortgage volume with Swiss online platforms

It is the logical continuation of our platform business that we started three years ago with the UBS Atrium credit platform in the investment property sector.
"Together with key4, we aim to become the market leader in the platform business and mortgage brokerage with a medium-term mortgage volume of CHF 5 to 10 billion."

Updated 26 Jun, 2020 05:32pm

Gainers
Losers
Leaders

Stock	Price
First Punjab Mod. / Feb 27 First Punjab Modaraba(FPJM)	3.80 ▲ 0.60 (18.75%)
Ghazi Fab. / Feb 27 Ghazi Fabrics International Limited(GFIL)	7.07 ▲ 0.97 (15.90%)
Quetta Textile / Feb 27 Quetta Textile Mills Limited(QUET)	9.99 ▲ 0.99 (11.00%)
Dawood Equities / Feb 27 Dawood Equities Limited(DEL)	7.48 ▲ 0.70 (10.32%)
Dolmen City REIT / Feb 27 Dolmen City REIT(DCR)	10.88 ▲ 0.89 (8.91%)
B.R.R. Mod. / Feb 27 B.R.R. Guardian Modaraba(BRR)	12.40 ▲ 1.00 (8.77%)
Saritow Sp. / Feb 27 Saritow Spinning Mills Limited(SSML)	12.65 ▲ 1.00 (8.58%)
ECOPACK / Feb 27 Ecopack Limited(ECOP)	39.42 ▲ 2.75 (7.50%)
Shield Corp. / Feb 27 Shield Corporation Limited(SCL)	389.67 ▲ 27.18 (7.50%)
S. S. Oil / Feb 27 S.S.Oil Mills Limited(SSOM)	86.00 ▲ 6.00 (7.50%)

Stock	Price
TPL Corp / Feb 27 TPL Corp Limited(TPL)	7.21 ▲ -0.98 (-11.97%)
Ist Paramount / Feb 27 First Paramount Modaraba(FPRM)	5.20 ▲ -0.59 (-10.19%)
Invest Cap. Bank / Feb 27 Invest Capital Investment Bank Limited(ICIBL)	3.29 ▲ -0.30 (-8.36%)
Kohinoor Sp. / Feb 27 Kohinoor Spinning Mills Limited(KOSM)	3.97 ▲ -0.34 (-7.89%)
AKD Capital Ltd / Feb 27 AKD Capital Limited(AKDCL)	431.05 ▲ -34.95 (-7.50%)
Arpak Int. / Feb 27 Arpak International Investments Ltd.(ARPAK)	86.60 ▲ -7.02 (-7.50%)
Tata Textile / Feb 27 Tata Textile Mills Limited(TATM)	70.30 ▲ -5.70 (-7.50%)
Jubilee Gen. Ins. / Feb 27 Jubilee General Insurance Limited(JGICL)	45.60 ▲ -3.69 (-7.49%)
Pak Datacom Ltd / Feb 27 Pak Datacom Limited(PAKD)	114.18 ▲ -9.25 (-7.49%)
Shahtaj Sug. / Feb 27 Shahtaj Sugar Mills Limited(SHJS)	62.90 ▲ -5.09 (-7.49%)

Stock	Volume
Unity Foods / Feb 27 Unity Foods Limited(UNITY)	44,559,057 ▼ 0.00
Telecard / Feb 27 Telecard Limited(TELE)	36,652,000 ▼ 0.00
TRG Pak. / Feb 27 TRG Pakistan Limited(TRG)	32,422,387 ▼ 0.00
Byco Petr. / Feb 27 Byco Petroleum Pakistan Limited(BYCO)	25,492,500 ▼ 0.00
Hum Network / Feb 27 Hum Network Limited(HUMNL)	15,607,000 ▼ 0.00
Pakistan Refinery / Feb 27 Pakistan Refinery Limited(PRL)	14,997,500 ▼ 0.00
Hascol Petroleum / Feb 27 Hascol Petroleum Limited(HASCOL)	13,597,737 ▼ 0.00
Lotte Chemical / Feb 27 Lotte Chemical Pakistan Limited(LOTCHEM)	13,225,500 ▼ 0.00
Pak Int.Bulk Ter / Feb 27 Pakistan International Bulk Terminal Limited(PIBTL)	12,328,500 ▼ 0.00
Maple Leaf / Feb 27 Maple Leaf Cement Factory Limited(MLCF)	11,717,702 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 26	158.40
USD PKR Interbank Buying / Feb 26	158.30
USD to Japanese Yen / Feb 26	106.37
USD to Swiss Franc / Feb 26	0.91
Pound Sterling to USD / Feb 26	1.40
Euro to USD / Feb 26	1.22
UK LIBOR % / Feb 26	0.08

Stock	Volume
S&P 500 / Feb 26	3829.34
India Sensex / Feb 26	51039.31
Tokyo Nikkei / Feb 26	30168.27
Nasdaq / Feb 26	13119.43
Hang Seng / Feb 26	30074.17
FTSE 100 / Feb 26	6651.96
Dow Jones / Feb 26	31402.01
Germany DAX 30 / Feb 26	13879.33
France CAC40 / Feb 26	5783.89

Item	Value
Crude Oil / Feb 26	63.56
Karachi Cotton Assoc. / Feb 26	12000.00
Gold 10 Grams / Feb 26	94564.00
Gold Spot / Feb 26	1769.20
Cotton / Feb 26	89.69

UBS

Platinum takes a breather in European trade

Sterling hits fresh highs against dollar and euro

National Bank of Kuwait hires banks for dollar AT1 bonds: document shows

Montana Aerospace prepares for $1.8bn stock market listing

UBS reaps rich rewards from pandemic with strongest performance since 2006

UBS CEO confident of ‘good results’ in Dutch criminal investigation

Profits climb at Swiss banking giant UBS despite pandemic

UBS reaps rich rewards from pandemic with best pre-tax profit since 2006

Mexico peso hits 2-wk low after president tests positive for COVID-19

Sterling falls; speculative longs hit 10-month highs

Stocks rise, U.S. yield falls; demand weighs on oil

UBS hires StanChart's Granger as head of Southeast Asia M&A

UBS aims to double China investment banking staff for growth

Oil touches fresh 11-month highs, shrugging off unrest in Washington

Gold set to wrap up shiniest year since 2010

Asia's capital markets to focus on vaccine in 2021, say bankers

Oil tumbles 4pc as new virus strain revives demand fears

UBS to sell Austrian wealth business to LGT

UBS CEO under scrutiny from Dutch prosecutors for anti-money laundering compliance

JPMorgan hires UBS's Huang for Asia ECM role

UBS banks on hybrid digital platform to boost millionaire business

UBS to increase salaries, reduce bonuses in pay shake-up

Bad loan provisions weigh on UBS earnings

UBS, Morgan Stanley expected to lead Vodafone Tower IPO

UBS eyes 5-10bn Swiss franc mortgage volume with Swiss online platforms

Most Popular Articles

Pakistan eyes to enter $90bn gaming industry with upcoming program

Chughtai Lab and Pfizer Partner to establish Vaccination Centers across Pakistan

Pakistan sees 'light at the end of the tunnel’ as domestic activity indicators pickup: Baqir

MPCL enters into JV Agreement for Potential Mining Projects in Balochistan

Pakistan’s First Ever Motorsports Arena to be Build in KPK

PM vows to provide full support to textile industry amid historic demand