UBS Makes Five Generative AI Predictions Generative AI (i.e., AI that can create text, video, etc.) has the potential to drive innovation across a wide swath of sectors. In the next several years, generative AI will have huge impacts on the "pharmaceutical, manufacturing, media, architecture, interior design, engineering, automotive, aerospace, defense, medical, electronics, and energy industries," according to UBS analyst Michael Briest, who cited a report from Gartner. ...
UBS Group AG is looking to retain more than 100 Credit Suisse Group AG investment bankers across Asia as part of a plan to shore up talent in markets where its rival has a stronger presence, a source with direct knowledge of the matter said. Switzerland's biggest bank is in advanced discussions to keep dozens of Credit Suisse's senior dealmakers in countries including South Korea, Thailand, Vietnam and India following its planned takeover, the source told Reuters on Monday, requesting
UBS's wealth management division has attracted wealthy foreign clients, due in part to strong Swiss secrecy laws.
UBS will keep Credit Suisse's private banking business in Spain at a time when many of its private bankers and clients are leaving, the Swiss banking giant said on Thursday.
BERLIN (AP) — Switzerland’s UBS says it expects to complete its takeover of longtime rival Credit Suisse as early as next week. The two Zurich-based banks, longtime rivals, are uniting in a 3 billion-franc ($3.3 billion) deal that was arranged hastily in March by the Swiss government and regulators after Credit Suisse’s stock plunged and
Fintel reports that on June 1, 2023, UBS initiated coverage of Robert Half International (NYSE:RHI) with a Buy recommendation. Analyst Price Forecast Suggests 11.85% Upside As of May 11, 2023, the average one-year price target for Robert Half International is 72.73. The forecasts range from a low of 56.56 to a high of $105.00. The average price target represents an increase of 11.85% from its latest reported closing price of 65.02. See our
Office of the Chief Investment Officer from UBS Wealth Management wrote in
The highly anticipated annual music festival, Hot 97 Summer Jam, made its triumphant return to UBS Arena in Elmont, N.Y., bringing together hip-hop’s biggest names to commemorate the genre’s 50th anniversary. The event featured electrifying performances by Cardi B, Scar Lip, The LOX, Lola Brooke, Coi Leray, Latto, Ice Spice, GloRilla, and Fivio Foreign, among […]