Page 4 - Ubs Group

Wall Street banks review contingency plan as China-Taiwan tension escalates

While financial services executives said they view the risk of armed conflict in North Asia as low, they see tit-for-tat sanctions between the US and China that disrupt the flow of finance and trade

India is among the least favoured markets in Asia: Sunil Tirumalai of UBS

As liquidity starts drying up, banks rates start rising and market returns struggle, we expect some level of softness in household market allocations, he said

Will the RBI's efforts to tame inflation, manage growth fail? UBS thinks so

While the RBI's monetary policy committee kept rates steady in its recent policy review in April, UBS expects the Indian central bank to hike rates starting June 2022

UBS Principal Capital Asia sells Axis Bank shares worth Rs 255 crore

UBS Principal Capital Asia Ltd on Friday sold Axis Bank's shares worth nearly Rs 255 crore through an open market transaction

UBS Principal Capital Asia sells IndusInd Bank's shares worth Rs 354 cr

UBS Principal Capital Asia Ltd on Thursday sold IndusInd Bank shares worth nearly Rs 354 crore through an open market transaction

UBS CEO says staff who don't want Covid-19 vaccine can work from home

As Switzerland's largest bank, UBS has around 70,000 staff worldwide

UBS, Nomura Holdings fined $452 million as EU cracks down on bond cartel

UBS says impact could be $100 mn on quarter; may appeal

Byju's to raise $150 mn from UBS, to be valued at $16.5 bn: Report

Byju's is raising about USD 150 million from UBS Group AG that will value the edtech major at about USD 16.5 billion, according to sources. UBS could also infuse additional funding into Byju's that has seen significant growth in the past few quarters on the back of strong uptake of online education, the sources close to the development said. Byju's declined to comment, while response from UBS Group AG could not be immediately ascertained. Think & Learn Pvt Ltd, which operatesByju's, is backed by marquee investors like Mary Meeker, Yuri Milner, Chan-Zuckerberg Initiative, Tencent, Sequoia Capital, Tiger Global and others. It is estimated to have raised over USD 2 billion in funding to date. Byju's is said to be looking at raising USD 600-700 million in funding to further accelerate growth. Earlier this month,Byju's, which is the most-valued edtech start-up in the country, had acquired Aakash Educational Services Ltd (AESL) to bolster its presence in the test preparation segment in

Rally in commodities still has plenty of room to run: Goldman and UBS

Raw materials are likely to surge 13.5 per cent in the next six months

UBS Principal Capital Asia sells shares worth Rs 150 cr in Axis Bank

A total of 3.5 million scrips of the private sector lender were sold at an average price of Rs 428.7 apiece, valuing the deal at Rs 150 crore, according to block deal data on the BSE

Mukesh Ambani nears deal to buy stake in some units of Future Group

An agreement between Ambani's Reliance and Future, which already has a partnership with Amazon.com Inc., could be announced as early as next month

How American banks beat European peers to rule the global financial system

A decade ago, they almost brought down the global financial system. Now they rule it

UBS, BNP, RBS get subpoenas in US Treasuries probe

UBS has flagged a probe related to US Treasury securities in its earnings reports

Rally at risk as UBS sees earnings as 'glass half empty'

The market is getting "carried away" and will sputter once the buoyancy in global equities ebbs, Chhaochharia said