Hints and tips:
...“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.”...
...“People are fixated on the size of these companies,” said Vontobel portfolio manager David Souccar. “[If] a small-cap compounds by 50 per cent over five years . . ....
...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’s figures are nothing but shocking,” said Cédric Wermuth, co-president of Switzerland’s second-largest political bloc, the Social Democratic Party....
...The next tier are Pictet, with $280bn of wealth assets, Lombard Odier, Vontobel and EFG....
...After months of discussions with pension funds, the BBB is now developing plans for an investment vehicle where pension funds can co-invest in high-growth companies under the guidance of the bank....
...“In the end this is a relationship business,” said Andreas Venditti, analyst at Vontobel, a large Swiss private bank....
...Mark Diethelm, an analyst at Vontobel, said Ermotti’s experience in transforming UBS after the financial crisis would be crucial, noting that the bank was “already facing significant political pressure due...
...Deutsche Bank AG, London Branch (“Deutsche Bank”), Liberum Capital Limited (“Liberum”), Morgan Stanley & Co....
...Goldman Sachs co-head of Latin America Ricardo Mora is leaving the bank, DD reports....
...“We lack important financial details for an assessment of the transactions,” said Andreas Venditti, an analyst at Vontobel. “Some of the details do not seem to have been finalised yet.”...
...“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...
...Late last year Deutsche sent a senior delegation to Madrid from Frankfurt to negotiate the settlement, which compensated J García-Carrión for cumulative cash losses caused by the exotic instruments over...
...The results were “clearly below estimates on lower than expected revenues and higher expenses”, said Vontobel analyst Andreas Venditti....
...Two high-stakes legal actions involving J&J and 3M should soon determine whether these strategies are legal....
...“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....
...But they couldn’t,” Sibylle Bischofberger, an analyst who covers the company for the Swiss bank Vontobel said. “I was totally shocked to be honest....
...Stern & Co, a longtime Berkshire shareholder....
...The lender announced in early June that Louise Kitchen, head of Deutsche’s asset wind-down unit, and Jonathan Tinker, co-head of global foreign exchange, were both stepping down and would leave the bank....
...“A capital increase will alleviate immediate concerns around the soundness of the capital position,” 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 Greensill case has cost Credit Suisse around Sfr3bn francs in market capitalisation,” said Andreas Venditti, an analyst at Vontobel....
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