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Showing 161 - 170 of 1127 results for "UBS"

FSC announces dual board appointment

CHLOE WALKER  |  MONDAY, 1 AUG 2022
... product development, strategy, and client distribution to legal and government affairs. She brings these skills in leading UBS Asset Management to partner with clients and industry to create better financial outcomes and positive impact beyond returns. ...

RBA scenario implies record costs: UBS

ANDREW MCKEAN  |  THURSDAY, 21 JUL 2022
UBS has forecast that the Reserve Bank of Australia's (RBA) rate rise assumptions would cause an unprecedented payment spike for households. The RBA's scenario of a 300-basis point increase in interest rates by mid-2023 would see interest payments as ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... to further sell-offs. In a silver lining, he said the Australian share market would likely continue to outperform the US. UBS commented that low unemployment paired with a spike in minimum wage argues for rapid RBA hikes. UBS said: "The drop in the unemployment ...

Growth scare likely during second half of 2022: Report

CASSANDRA BALDINI  |  FRIDAY, 8 JUL 2022
... as central banks continue to indicate that a further deceleration is needed to lower inflation, report said. According to UBS Asset Management's Panorama mid-year outlook, titled Inflation: Rising to the Challenge, a growth scare is the most likely economic ...

RBA raises interest rates again

ANDREW MCKEAN  |  WEDNESDAY, 6 JUL 2022
... Australians to expect the board to take further steps to normalise monetary conditions in Australia over the months ahead. UBS chief economist George Tharenou said the interest rate rise came as expected and offered no change to its 50 basis point August ...

Australian Retirement Trust, Morrison & Co acquire FiberLight

JAMIE WILLIAMSON  |  FRIDAY, 1 JUL 2022
... acquire the US fiber infrastructure provider. The consortium, which is led by Morrison & Co, also comprises a managed client of UBS Asset Management. It marks the first investment in the North American digital infrastructure market for Morrison & Co. ...

SEC fines UBS Financial Services over fraud charges

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
In the US, UBS Financial Services has agreed to pay US$25 million to settle fraud charges related to a complex options trading strategy it sold to investors without adequately educating their financial advisers on the product's risks. The Yield Enhancement ...

Inflation a greater danger than recession: Powell

ANDREW MCKEAN  |  THURSDAY, 30 JUN 2022
... Consequently, Lagarde said the European Central Bank has markedly revised down its forecasts for growth in the next two years. At the UBS panel discussion of central banks and inflation, Reserve Bank of Australia (RBA) governor Phillip Lowe commented ...

ASX names new managing director

CASSANDRA BALDINI  |  THURSDAY, 2 JUN 2022
... including the past almost seven years at ASX. Prior to joining ASX, she was based in London where she was a managing director at UBS, and before that she worked in various senior roles at JPMorgan. She was selected following a comprehensive and competitive ...

HSBC hires from Antarctica Asset Management

CHLOE WALKER  |  TUESDAY, 31 MAY 2022
... Forcioli set up and grew the Asia operations of global digital wealth platform Moonfare. He also held various leadership roles at UBS, including leadership of the wealth management private markets distribution team and the institutional investments group ...