China’s $38-T Off-Balance Sheet Items Poses Little Risk

China’s $38-T Off-Balance Sheet Items Poses Little Risk

China’s $38-T Off-Balance Sheet Items Poses Little Risk $CNY, $UBS, $MCO The Chinese finance sector’s RMB 253-T ($38-T) of off-balance sheet items pose little risk because more than two-thirds of them are relatively harmless components such as custodial funds and untapped credit-card limits, said UBS Group AG (NYSE:UBS). Despite the size of the number, a […]

Asia Billionaires Overtake US for 1st Time, Led by Chinese

Asia Billionaires Overtake US for 1st Time, Led by Chinese

Asia Billionaires Overtake US for 1st Time, Led by Chinese Asia leads the world with billionaires, China leads the Asians Peer networks are playing an increasingly important role for billionaires when it comes to making, spending and giving away money Billionaire wealth increased 17% to $6-T in Y 2016, after a decline the prioryear, UBS […]

Paul Newman’s ‘Paul Newman’ Rolex Daytona Coming to Auction

Paul Newman’s ‘Paul Newman’ Rolex Daytona Coming to Auction

Paul Newman’s ‘Paul Newman’ Rolex Daytona Coming to Auction $RACE, $UBS Actor Paul Newman”s Rolex Daytona reference 6239 is coming to auction in October at Phillip’s It is said that among vintage watch collectors, certain ones are known as Holy Grail watches. They are the ones that inspire spirited bidding and the winner’s bragging rights. […]

Abu Dhabi in Talks to Invest in $100-B SoftBank’s Vision Fund

Abu Dhabi in Talks to Invest in $100-B SoftBank’s Vision Fund

Abu Dhabi in Talks to Invest in $100-B SoftBank’s Vision Fund $SFTBY, $AAPL, $ORCL, $DB, $UBS Saudi Arabia’s Public Investment Fund is a major backer of the fund Abu Dhabi’s sovereign wealth fund is said to be among the parties in talks to invest in Japanese telecoms group SoftBank’s (OTCMKT:SFTBY)$100-B technology fund. The FT cited people […]

Confidence Has Returned To Investors in Wake of Trump’s Election

Confidence Has Returned To Investors in Wake of Trump’s Election

Confidence Has Returned To Investors in Wake of Trump’s Election $SPY, $DIA, $UBS Just 2  weeks before the US Presidential election, 50% of wealthy investors were fearful of turmoil in the stock markets. Many either pulled some of their money out or moved it into more conservative investments, according to a survey by UBS Wealth […]

WikiLeaks: Clinton Foundation and Billy Got Paid

WikiLeaks: Clinton Foundation and Billy Got Paid

WikiLeaks: Clinton Foundation and Billy Got Paid $KO, $UBS WikiLeaks released an internal Clinton memo Wednesday reveals how a longtime Clinton confidant played an “unorthodox” dual rolem raising money for the Clinton Foundation and finding paid work for former US President Bill Clinton. The 12-page document written in 2011 by Doug Band of Teneo, a […]

Canada’s Bank of Nova Scotia Under-fire for Manipulating Gold Prices

Canada’s Bank of Nova Scotia Under-fire for Manipulating Gold Prices

Canada’s Bank of Nova Scotia Under-fire for Manipulating Gold Prices $BKSHF, $DB, $HBSC, $UBS, $GLD, $SLV Canada’s Bank of Nova Scotia(OTCMKT:BKSHF) 1 of the 5 big banks said to have manipulated the Gold market, which is worth trillions of dollars in trading value per year, will have to turn over internal e-Mails and other correspondence […]

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $AVGO, $FLEX, $MU, $CRM, $UBS, $WMT Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Streets top analysts upgrades, downgrades […]

China: Supply-side Reforms to Help Expand the Economy

China: Supply-side Reforms to Help Expand the Economy

China: Supply-side Reforms to Help Expand the Economy China’s supply-side reform will unlock new sources of growth to help the economy fend off downward pressures amid a fading global economic recovery, Swiss bank UBS said. China’s economy expanded 6.7% Y-Y in Q-1, slowing further from the previous Quarter. Despite the downward trend, the government is […]

UBS Bullish Ferrari (NYSE:RACE) Ups Price Target

UBS Bullish Ferrari (NYSE:RACE) Ups Price Target

UBS Bullish Ferrari (NYSE:RACE) Ups Price Target $RACE, $UBS UBS (NYSE:UBS) analysts reiterated its Buy rating on Ferrari (NYSE:RACE), and raised the price target to 50.00 from 48.00, following the company’s Q-1 earnings report. Monday UBS Analyst Michael Binetti noted: “Despite beating Q-1 estimates and raising 2016 guidance, RACE’s stock has pulled back slightly due to: […]

Succession Plans Key to Family Businesses

Succession Plans Key to Family Businesses

Succession Plans Key to Family Businesses Family firms advised to separate family assets from business assets Just 30% of the world’s family businesses are passing the reins onto the next generation and the problem is endemic in the Middle East, according to financial services provider UBS AG (NYSE:UBS). The Swiss company has found that only […]