Ernest HoffmanErnest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news videos in partnership with MSN and the TMX. He has a Bachelor's degree Specialization in ...

According to a Reuters report, UBS Group AG (UBS) is in discussions to form an Indian wealth management joint venture (JV) with 360 One WAM, a Mumbai-based firm, formerly known as IIFL Wealth Management.UBS is in preliminary discussions with 360 One WAM to acquire around 26% stake in the JV. The deal is expected to be finalized in the upcoming months. This potential JV is expected to expand UBS’ Indian wealth management business to high-net-worth individuals in addition to its existing ultra-high-net-worth ...

Group 1 - UBS Group AG has notified Solvay that it has crossed the threshold of 3% in voting rights, specifically a downward crossing [1] - The notification was dated September 24, 2024, and indicates that the threshold was crossed on September 18, 2024 [1] - The total number of voting rights for Solvay SA is 105,876,416, and UBS's indirect holdings fell below 3% due to a reduction in Trading Book holdings [1]

TORONTO, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL) (“Xtract One” or the “Company”), a leading technology-driven threat detection and security solution that prioritizes the patron access experience by leveraging AI, today announced that its SmartGateway screening solution was selected to secure UBS Arena in New York. This contract is enabled through the Company’s partnership with Oak View Group (OVG), a global sports and entertainment company. UBS Arena, a ...

IRVINE, Calif., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS), whose mission is to focus on unmet needs and apply proven science and new technology to revolutionize treatment for patients, starting with eye care, today announced that Aziz Mottiwala, Chief Commercial Officer, will participate in a virtual fireside chat at the UBS Virtual Ophthalmology Day 2024 taking place on Wednesday, October 2, at 6:00 a.m. PT / 9:00 a.m. ET. A live webcast and additional information about ...

BEDFORD, Mass., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Ocular Therapeutix, Inc. (NASDAQ: OCUL, “Ocular”, the “Company”), a biopharmaceutical company committed to improving vision in the real world through the development and commercialization of innovative therapies for retinal diseases and other eye conditions, today announced that it will participate in the UBS Virtual Opthalmology Day 2024: UBS Virtual Opthalmology Day 2024Fireside Chat Date: Wednesday, October 2, 2024Presentation Time: 3:00 PM ETOcular Pres ...

Jordan FinnesethJordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market. Since that time, Jordan has worked as a content creator for multiple projects and as a crypto news journalist reporting on the latest developments within the cryptocurrency market. Jordan holds a Master of Science in Clinical/Counseling Psycho ...

A month has gone by since the last earnings report for UBS (UBS) . Shares have lost about 3.9% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is UBS due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. UBS Group Q2 Earnings Fall Y/Y on Higher Costs, Revenues UpUBS Grou ...

The CEO of Swiss banking giant UBS said Thursday that the fight against inflation isn't over yet, and some investors seem to be getting too ahead of themselves in expecting that the U.S. Federal Reserve could pull an aggressive rate cut this month."I think the market seems to be a little bit too ahead of the curve in expecting the Fed to go so aggressively,"  Sergio Ermotti, Group CEO of UBS Group AG, told CNBC's "Squawk Box Asia."The question of whether the Fed will lower rates at the end of its next polic ...

In an interview with Neue Zuercher Zeitung (“NZZ”), Thomas Jordan, president of Swiss National Bank (“SNB”), stated that UBS Group AG (UBS) should increase its capital reserves in preparation for upcoming regulatory changes. Jordan further explained that these changes were considered vital to prevent any crash similar to what happened with Credit Suisse in 2023. This reform would ensure that problematic Swiss banks could be wound up or restructured without destabilizing Switzerland's financial system. Feder ...