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UBS Group AG (0R3T.IL)

IOB - IOB Delayed price. Currency in CHF
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27.28-0.36 (-1.30%)
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  • Reuters

    European stocks are seeing outsized moves as hedge funds drive trading

    European companies are seeing outsized gains and losses in their shares when they report earnings, a Reuters analysis shows, a trend that has more to do with the growing sway of fast money in the $15 trillion market than with business prospects. Take the top 60 companies in Europe's broad STOXX 600 Index: when they reported earnings over the past year, their average daily stock moves were 18% higher than eight years ago, the analysis of more than 120,000 days of share price data from LSEG shows. The reasons for this rise in volatility are hard to pin down precisely but stem in large part from the growing dominance of hedge funds that chase trends in search of quick profit, according to interviews with two dozen traders and investors as well as a review of broker research for hedge funds and other sophisticated investors.

  • South China Morning Post

    UBS names ex-Credit Suisse manager Janice Hu as China vice-chair

    Swiss bank UBS Group has named Janice Hu, the former China chief of Credit Suisse, as vice-chair of its mainland Chinese securities venture. Hu is the first vice-chair of UBS Securities, a newly created position at the Beijing-based investment bank and brokerage unit majority owned by UBS, according to Caixin. Hu, the Credit Suisse veteran for more than 20 years, took up her role on Thursday, according to a UBS statement. During her tenure with Credit Suisse, she led many landmark transactions i


    From Estranged Children to Alzheimer’s, UBS’ Judy Fredrickson Tackles Clients’ Toughest Challenges

    Barron’s third-ranked financial advisor in Minnesota explains why clients jokingly call her their “family therapist.”