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UBS’ CEO warns this is ‘one of the worst’ markets in years

UBS CEO Sergio Ermotti blamed a terrible market backdrop for lower investment banking and global wealth management revenues in the first quarter.
Wall Street is enamored with the British mega-group Queen.

Wall Street analysts wrote an electric car-themed version of Bohemian Rhapsody — and it’s very odd

UBS really wants your vote for a closely-watched industry award: "Nothing really matters, nothing but the vote for your A-Team."
Many are fleeing London even before Brexit.

Companies are fleeing the UK no matter what happens with Brexit. Here’s all the damage that’s already been done

Brexit has already damaged the UK. The latest wound: Nissan will stop building one of its premium car models at its northern English Sunderland plant.
Target's COO, however, said that the company's "stores-as-hub strategy isn't putting our core business at risk, it's simply helping us grow faster."

Target is doubling down on a key advantage it has over Amazon — but one analyst is sounding the alarm

Target is doubling down on offering shoppers a range of fulfillment options, but some analysts express concerns it could backfire.
It's too soon to panic, but a deeper drought in housing is bad news for just about everybody.

Americans stopped buying homes in 2018, mortgage lenders are getting crushed, and an economic storm could be brewing

The US housing market took a dark turn in 2018 as homebuying fell off a cliff and lenders saw a drop-off in applications, originations, and profits.

American homeowners are looking to spend an average of nearly $7,000 on their homes in the next 3 months — and it’s good news for Home Dep...

Home Depot and Lowe's stand to benefit from American homeowners' home-improvement plans in the coming months, according to UBS.
Andrea Orcel

A $57 million pay dispute sees Andrea Orcel get dumped as new Santander CEO before even getting started

The Spanish banking giant said that the level of compensation that was required to hire Andrea Orcel was "unacceptable."
Christian Meissner is reportedly in the running for the UBS CEO role.

A former top Bank of America executive is reportedly in the running for UBS CEO role

Ex-investment banking head at Bank of America, Christian Meissner, is reportedly in talks to become CEO at UBS, replacing Sergio Ermotti.
Tax Day is April 15, 2019.

A new report predicts huge swaths of Americans should expect bigger tax refunds — but not everyone is set to benefit

The new GOP tax law went into effect at the start of 2018, and a UBS analysis suggests it could have a big impact on federal tax refund checks.
Traders work on the floor of the New York Stock Exchange earlier this week.

UBS: These 11 stocks are set to rocket higher in 2019

UBS has published a list of stocks they believe are set to rocket next year because of catalysts most investors are ignoring.