Hints and tips:
...Andreas Venditti, a Vontobel analyst who covers banks, said all Swiss wealth managers were having to weigh the impact of the country’s approach to sanctions....
...“There is still a lot of work to do,” said Vontobel analyst Andreas Venditti. “The shares’ current valuation offers significant upside, should UBS be able to reach its long-term financial targets.”...
...Vontobel analyst Andreas Venditti said while the bank’s capital position was strong, there were still questions about its Signa exposure. “The key question remains highly uncertain,” he said....
...UBS is due to report its third-quarter results on November 7, but Vontobel analyst Andreas Venditti said the losses on Credit Suisse loans would not affect the results as they had already been accounted...
...Vontobel analyst Andreas Venditti said the decision to terminate the agreement was designed “to calm down the political debate around the potential ‘danger’ of new UBS for Switzerland”....
...UBS on Thursday said the state-sponsored takeover had fuelled a $29bn gain, a record quarterly profit for any bank....
...“In the end this is a relationship business,” said Andreas Venditti, analyst at Vontobel, a large Swiss private bank....
...The gap between the estimated valuation of munis and actual market prices is particularly wide at the moment because of this year’s market volatility, said Nick Venditti, a muni fund portfolio manager at...
...a litany of scandals and a SFr4bn ($4.2bn) third-quarter loss....
...The massive net outflows in wealth management — Credit Suisse’s core business alongside the Swiss bank — are deeply concerning, even more so as they have not yet reversed,” said Vontobel analyst Andreas Venditti...
...The results were “clearly below estimates on lower than expected revenues and higher expenses”, said Vontobel analyst Andreas Venditti....
...“The main culprit is once again the investment bank, where Credit Suisse expects the fourth quarterly loss over the last six quarters,” said Vontobel analyst Andreas Venditti....
...you’re Italian — even Antonello Venditti’s ballade from Notte Prima degli Esami....
...“A capital increase will alleviate immediate concerns around the soundness of the capital position,” said Andreas Venditti, an analyst at Vontobel....
...“The Greensill case has cost Credit Suisse around Sfr3bn francs in market capitalisation,” said Andreas Venditti, an analyst at Vontobel....
...Andreas Venditti, an analyst at Vontobel, said the organisational change would mean any future losses from the Greensill funds would not affect Credit Suisse’s prized wealth management business....
...“The pandemic triggered a massive boost to activity thanks to a spike in market volatility, resulting in record revenues,” said Andreas Venditti, an analyst at Vontobel....
...Citigroup estimates fourth-quarter revenues in that division will fall 8 per cent year on year; Andreas Venditti, analyst at Vontobel, forecasts an overall group net loss of SFr300m for the period....
...“The agreement with the US Department of Justice on the Fifa matter is the next step for Julius Baer to close the remaining regulatory and legal matters”, said Andreas Venditti, an analyst at Vontobel....
...Such an environment is unlikely to be sustained, and the full impact from lower US dollar rates will be felt,” wrote Andreas Venditti....
...Mr Venditti said. “If you start that kind of analysis, all of a sudden you are bailing out everyone.”...
...“Being aware of it and still appointing [him] tells me they don’t believe it will have an impact,” said Andreas Venditti, an analyst at Bank Vontobel. “But outsiders might view it very differently.”...
...“What they have announced so far is not enough to reach any satisfactory position, unless you have crazy assumptions on further growth,” says Andreas Venditti, an analyst at Vontobel....
...Mr Venditti said he expected Mr Miller to reduce costs at the division....
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