UBS AG (USA)
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Invest In This Financial Stock For Long Term Returns
By Shas Dey - May 8, 2013 | Tickers: BLK, STT, UBS
BlackRock (NYSE: BLK), an investment management firm, has been doing exceptionally well for some time. Its stock has been outperforming the market every year. Even this year, the stock has risen around 33%, compared to gain of more than 13% in the S&P 500 index. If you had invested in BlackRock in July 2012, you would have gotten more than 61% returns until now, just because of the price more »
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This Bank Is too Cheap to Ignore, or Is It?
By Marshall Hargrave - April 29, 2013 | Tickers: BAC, C, GS, NES.DL, UBS
Like the host of financial stocks pressured in the wake of the bursting of the real estate bubble, Morgan Stanley (NYSE: MS) has been right there along with the best of them, seeing its market value tumble more than 55% over the last five years.
When looking over how some of the top banks trade, one big thing that stood out to me was the relative cheapness of Morgan Stanley more »
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The Fed's Stress Tests Are Meaningless
By Gaurav Seetharam - March 9, 2013 | Tickers: BAC, BCS, C, JPM, UBS
The Federal Reserve just released stress test results for the nation's largest financial institutions. It paints an altogether flattering impression of the U.S. banking sector as a resilient, functional financial system; an impression that is not entirely accurate. Also, according to Bloomberg Law, the U.S. Department of Justice is now seeking guilty pleas from bank subsidiaries that were involved in creating the financial crisis. Its stated reason more »
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Complexity Spells Trouble for These 2 Financials
By Bill Edson - March 8, 2013 | Tickers: BRK-A, UBS, WFC
Investors should learn to hate complexity, especially in financial sector stocks. The hubris of the financial supermarkets concept, which was popular before the financial crisis, is becoming popular again.
Worse yet, many financial companies are being pushed in new directions because they cannot generate earnings lending. Wells Fargo (NYSE: WFC) and UBS (NYSE: UBS) in particular are branching out to new revenue sources.
Expanding Into Investment Banking
Wells Fargo’s more »
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European Banks Counting on China for Growth
By Peter Pham - January 26, 2013 | Tickers: HBC, JPM, UBS
The banking industry seems to have set its eyes on the Asian Market. UBS AG (NYSE: UBS) recently launched its locally-incorporated unit in China, which will allow it to conduct business in areas like wealth management. UBS operates brokerage and mutual fund joint ventures with local partners along with private equity units. The Zurich-listed bank is the first Swiss bank to set up a wholly-owned subsidiary in China.
China is more »
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Deutsche Bank May Have Traded off Libor Rigging
By Kyle Colona - January 11, 2013 | Tickers: BCS, DB, UBS
Several news sources are reporting that an internal probe at German banking powerhouse Deutsche Bank (NYSE: DB) may have profited from trades linked to fixed Libor rates.
My previous post concluded that the ongoing probe into the Libor Rate fixing scandal could be a big factor in the banking sector in 2013. Last year Barclays PLC (NYSE: BCS) was the first to get caught with their hand on the Libor more »
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Delay on Basel Capital Requirements Gives Banks Breathing Room
By Kyle Colona - January 9, 2013 | Tickers: BAC, C, EMB, UBS
Regulators and central bankers in the EU and UK are giving global banks more time to meet new Basel Accord capital requirements and other rules designed to prevent future financial crises from getting out of hand.
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The Best ‘Growth at a Reasonable Price’ Banking Play
By Meena Krishnamsetty - January 3, 2013 | Tickers: C, GS, JPM, NES.DL, UBS
Morgan Stanley (NYSE: MS) is expected to experience a revenue declination of 18% this fiscal year, but should see revenue growth of 22% by the end of FY2013, thanks to a rebound in sales and trading. One of the key growth initiatives for Morgan Stanley is its global wealth management operations that have grown to account for 50% of total revenues, compared to 30% in 2007.
Another key growth opportunity more »
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Inflation and the Dollar: Strategic Hedging in a Down Economy
By David Mercer - December 28, 2012 | Tickers: RDS-B, TD, UBS |
Due in part to quantitative easing (QE), recent actions by the Federal Reserve, and other negative externalities, the U.S. dollar could be headed for some trouble. One way to sidestep the oncoming currency crisis and current/future inflation is to hedge into foreign currency. Currently, a lot of investors are fleeing to the safety of gold and other commodities that produce no passive income; there's a better way more »
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Global Banks Weighed Down Heavily By Regulations
By Bill Edson - December 17, 2012 | Tickers: BAC, C, RBS, UBS
Tighter banking regulations are being enforced in many different countries around the world. They will improve confidence in the stability of the global institutions at the cost of more capital needed for banks, layoffs, and closure of unprofitable foreign branches and foreign segments.
With these new regulatory hurdles in mind, investors should demand that banks trade at attractive valuations before considering them as investments.
Global Bank Regulations
Global banking was more »
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Leading Swiss Banks Navigate Scandals and Shrinking Business
By Peter Pham - December 7, 2012 | Tickers: CS, PJB.DL, KBE, UBS
UBS AG (NYSE: UBS), the largest Swiss lender and one of the world’s leading financial institutions was badly hit by the global financial crisis and its ongoing sequel the European Debt Crisis. In October of this year, the bank had announced plans to eliminate 10,000 jobs and implement aggressive cost cutting measures that will reduce expenses $3.6 billion by 2015. Almost half of the layoffs will happen more »
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Citigroup to Slash 11,000 Jobs: Analysis
By Shas Dey - December 6, 2012 | Tickers: BAC, C, GS, NES.DL, UBS
Financial giant Citigroup (NYSE: C) on Wednesday announced that it will slash 11,000 jobs. The move to reduce workforce comes just two months after Michael Corbat became the CEO of Citigroup, following the departure of Vikram Pandit. The move was applauded by investors as Citigroup shares rallied more than 6% on Wednesday.
Focus on Reducing Expenses and Improving Efficiency
Citigroup announced a number of measures that will further reduce more »
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What Investors Should Know And Do To Make Sure The Short Interest In Arena's Stock Is Playing By The Rules.
By Joseph Dedvukaj - November 26, 2012 | Tickers: ARNA, BAC, BCS, SCHW, C, CS, DB, ETFC, GS, HBC, JPM, MFG, NES.DL, PJC, RBS, BA, TST, UBS, WFC
1. Arena (NASDAQ: ARNA) short-sellers using illegal short and distort-
As of November 15, 2012, Arena short interest is 61,748,793 shares. This is the highest it has ever been. How much of the short interest is illegal naked shorting? We believe its substantial. It is no secret Arena investors know illegal naked short selling and stock manipulation are being used to manipulate Arena's stock to some extent more »
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Will Buying Pink Slips In Bulk Help UBS?
By Meena Krishnamsetty - November 2, 2012 | Tickers: BAC, C, CS, HBC, UBS
Bank of America (NYSE: BAC) is planning to cut 10% of its workforce, but UBS (NYSE: UBS) thinks it can do better. The Switzerland-based investment bank, which may be best known for its wealth management unit but also includes standard i-bank functions such as trading, has announced that it will cut costs by reducing its headcount by one-sixth, or 10,000 jobs. This comes after a quarter in which the more »
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I Stole a Bob's Big-Boy Statue in 1989, But I Won't Steal Your Securities
By Jeremy L. Bartell - October 23, 2012 | Tickers: BAC, GS, JPM, NES.DL, UBS
If you and your drunk college friends were charged in 1989 for swiping a Bob's Big-Boy statue and putting it on the 50-yard line, chances are you look back now and chuckle at your youthful indiscretion. That is, unless you are a financial advisor, in which case your public BrokerCheck report carries a constant reminder of this ancient incident: 1989 Felony Charge, Grand Larceny. BrokerCheck never forgets and it more »
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Is This Investment Bank a Good Buy at the Moment?
By Meena Krishnamsetty - October 16, 2012 | Tickers: GS, JPM, NES.DL, STT, UBS
Goldman Sachs (NYSE: GS), one of the world’s leading investment banking and securities companies, is expected to grow revenue 7% in 2012, a rebound from the 26% decline in 2011. With signs that the economy might be stabilizing, client risk tolerance and trading volume has picked up, which has bolstered the demand for Goldman’s services.
During 2Q, the fund interest in Goldman was overwhelmingly positive, with the top more »
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Banking Sector Investors Beware: Losses Come With The Territory
By Bill Edson - October 2, 2012 | Tickers: CS, JPM, UBS
The market is overreacting to investigations of prominent financial companies. The possibility of such activities going on behind the scenes should have been priced into financial stocks before specific problems arose. Furthermore, the likelihood of more allegations and legal issues coming to light is roughly the same as it was before. As an investor, there is no reason to punish financial stocks that got caught since there is no way more »
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Spotlight on a Tax Haven: Switzerland
By Alexander MacLennan - August 22, 2012 | Tickers: IRE, CS, NBG, UBS
What do owners of mass sums of money and movie character Gordon Gekko have in common? They both use Swiss bank accounts to protect their enormous wealth and keep it secret from the public. In the second Wall Street movie, Gekko reveals that he has a $100 million trust set up in Switzerland. While this is just a part of a movie, we may never know just how close to more »
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The End is Nigh for RBS
By Peter Pham - August 15, 2012 | Tickers: BAC, C, DB, UBS
Royal Bank of Scotland (NYSE:RBS) currently is under investigation for its alleged involvement in the high profile LIBOR-rigging fraud. They have responded to this by dismissing 4 employees overtly connected. Under these gloomy shadows, the British bank, still 82% owned by the British Government released its earnings for the first half of the year last week, while talks of its outright nationalization gained traction. The Financial Times has been more »
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Goldman Sachs and Investment Banking’s Swan Song
By Karen Rogers - August 14, 2012 | Tickers: C, GS, JPM, NES.DL, UBS
Goldman Sachs’ (NYSE: GS) dismal second quarter earnings report confirms that the investment bank bubble has finally burst. The firm lost $194 million on its investment in the Industrial and Commercial Bank of China on top of the $112 million lost on their other stock investments.
This past quarter Goldman Sachs’ corporate investment bank profit dropped by 81%, and its net revenue fell 9%. The firm earned $962 million, or more »
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