Take the Train
SBB|CFF|FFS

  GVA Airport
Geneva Airport


 

Zurich, Switzerland (GenevaLunch) – Swiss bank UBS holds a regular Investors Day Tuesday 17 November in Zurich and speculation is running high among media and analysts about what it will say to them. The plan to move the bank back to profitability is undoubtedly high on the list, with Bloomberg suggesting that Oswald Gruebel, chairman, “will probably list hiring in fixed-income as a key element in his turnaround plan,” because the bank is likely to count on its investment bank’s trading of debt securities to pull it out of debt. The Wall Street Journal says investors will be watching Robert McCann, new head of the US wealth management unit, for signs of what the bank plans to do there, and whether Gruebel intends to sell off the unit at some point.

Read more…

    No Comments    post comment  
Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported
This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.