UBS’s Ermotti Says Demand for AT1 Bond Shows Market Confidence

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Business News News

Business Business Latest News,Business Business Headlines

The strong demand for UBS Group AG’s hotly-anticipated sale of additional tier 1 bonds is a positive sign for the market’s confidence in the bank and the Swiss financial system, according to UBS Group AG Chief Executive Officer Sergio Ermotti.

Markets Price an End to Interest-Rate Hikes Across the WorldArm Slides After Giving Tepid Forecast in Inaugural ReportIndian Court to Take Action on Delhi’s Worsening Air PollutionFrance and Germany Ramping Up Efforts to Reach EU Fiscal DealJapan Current Account Surplus Hits Record in Support for EconomyNational Grid Boosts Five-Year Spending on UK Power NetworksAfrica Phone Giant MTN Expects Nigeria Reform Recovery Mid-2024London Rental Demand Declines as Tenants Struggle to Pay RentFinancial...

5 Billion CMBS ExposedChina Slips Back Into Deflation as Recovery Remains Fragile‘End Is Near’ for Singapore’s Housing Rally, Morgan Stanley SaysPing An Exited Its Country Garden Stake, Has No Takeover PlanInsurers Are Still Backing Oil and Gas Industry Despite Rising Climate ThreatAre We There Yet? China’s Property CorrectionAirbnb to Debut ‘Guest Favorite’ Listings, AI Tools in Reliability PushAsia Stocks to Open Mixed After S&P Extends Rally: Markets WrapBitcoin Trades Past $36,000 on...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UBS reports pre-tax loss in 3Q but says benefits of Credit Suisse merger gather steamGENEVA (AP) — UBS reported Tuesday a $255 million pre-tax loss as the giant Swiss bank shed some 4,000 jobs globally, cut costs faster than expected, and...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

European Stocks Dip as Energy, Growth Worries Outweigh UBS GainsEuropean stocks fell on Tuesday as worries about economic growth and losses across energy stocks overshadowed some positive earnings updates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »