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Tag Archives: UBS

Six Banks Join UBS’s “Utility Coin” Blockchain Project

Here’s a piece of news that the remaining human members of Wall Street’s FX sales and trading desks probably don’t want to hear. According to the Financial Times, six of the world’s largest banks have decided to join a blockchain project called “utility coin” that will allow banks to settle trades in securities denominated in different currencies without a money transfer. What’s worse, the banks expect to begin...

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So können Anleger den passenden Smart Beta Index wählen

Ein passender Basisindex und das richtige Produkt sind die Grundlage für indexierte Investments. Insbesondere die Benchmark spielt dabei eine bedeutende Rolle und kann die Performance stark beeinflussen, so die Experten der UBS. Investoren treffen bei indexierten Anlagen zwei Entscheidungen: Zum einen müssen sie sich aus einer Vielzahl an Möglichkeiten für den richtigen Index entscheiden, der...

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Swiss Asset Manager Settles US Tax Evasion Charges

Under the US Department of Justice’s 2013 ‘Swiss Bank Program’, 80 Swiss or Swiss-based banks paid $1.36 billion in fines for helping clients evade US taxes (Keystone) The Geneva asset management firm Prime Partners has agreed to pay $5 million (CHF4.8 million) to the United States to settle charges for tax evasion and assisting US taxpayers in opening and maintaining undeclared foreign bank accounts from 2001 to 2010....

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Would you take a pilotless plane?

Commercial aircraft already take off and land using their on-board computers (Keystone) Pilotless cargo and passenger planes could be in use within eight years and save airlines billions, according to a report by Swiss bank UBS. But customers remain wary of the new technology despite potential fare reductions. “In the not-too-distant future, we would expect to see a situation where flights are pilotless or the number of...

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“Mystery” Central Bank Buyer Revealed: SNB Now Owns A Record $84 Billion In US Stocks

In the second quarter of the year, one in which unlike in Q1 fund flows showed a persistent and perplexing outflow from US stocks and into European and Emerging Markets, a trading desk rumor emerged that even as institutional traders dumped stocks and retail investors piled into ETFs, a “mystery” central bank was quietly bidding up risk assets by aggressively buying stocks. And no, it was not the BOJ: the Japanese...

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Can Switzerland Survive Today’s Assault On Cash And Sound Money?

Authored by Marcia Christoff-Kurapovna via The Mises Institute, “Switzerland will have the last word,” wrote Victor Hugo in the late 19th century. “It possesses one of the most perfect forms of government in the world.” A contemporary of his, Frederick Kuenzli, a scholar of the Swiss Army, boasted: “No purer type of Republican ideals, no more fixed and devoted adherence to those ideals can be found in all the world...

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Swiss Banks Paid Out €1 Billion In Negative Interest Rates In The First Half

Overnight, the Swiss National Bank disclosed the composition and breakdown of its FX reserves as of June 30. There were no notable changes, as the central bank kept most of its asset allocations unchanged from the previous quarter, with equities, government bonds and “other bonds”, at 20%, 68% and 12% respectively. There were also no shifts in the currency composition as shown in the table below. There was one notable –...

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Swiss Banks Paid Out €1 Billion In Negative Interest Rates In The First Half

Overnight, the Swiss National Bank disclosed the composition and breakdown of its FX reserves as of June 30. There were no notable changes, as the central bank kept most of its asset allocations unchanged from the previous quarter, with equities, government bonds and "other bonds", at 20%, 68% and 12% respectively. There were also no shifts in the currency composition as shown in the table below. There was one notable - and unexpected - development, and it had to do with the SNB's -0.75%...

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UBS darf Privatfonds in China verwalten

UBS Office in Hong Kong UBS Asset Management erhält die Lizenz zur Verwaltung von Privatfonds in China. Damit kann die UBS-Tochtergesellschaft sowohl institutionellen wie vermögenden privaten Anlegern Produkte aus den Bereichen Onshore-Privatfonds, Bonds, Aktien und Multi-Assets anbieten. UBS Asset Management (Shanghai) erhält eine Lizenz zur Verwaltung von Privatfonds in China, so die Grossbank...

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Senior Fund Analyst wechselt von Migros Bank zu UBS

Sandro Pattara ist als Equity Research Analyst zum früheren Arbeitgeber UBS zurückgekehrt. Nach sechs Jahren Tätigkeit für die Migros Bank, zuletzt als Senior Fund Research Analyst, hat Sandro Pattara wieder bei der UBS, im Fund Research Team von David Hochuli als Equity Analyst angeheuert. Pattara hatte seine berufliche Karriere 2007 bei der UBS Investment Bank gestartet, wo er zuletzt im Sales...

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