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Top related persons:
Jenny Chang - 1 Rodriguez - 1 it's - 1 antiskilled finfluencers - 1 Denis Balibouse - 1 Sergio Ermotti - 1 Ermotti - 1 Noele - 1
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Zurich Switzerland Swiss
Top related orgs:
Swiss Finance Institute - 2 charlatans - 1 Business - 1 Credit Suisse - 1 UBS - 1 REUTERS - 1 Rights - 1 Thomson - 1

Search resuls for: "Swiss Finance Institute"


3 mentions found


☆ Most 'finfluencers' will lose your money. Here's why they've got so many followers anyway.
  + stars: | 2024-07-14 | by ( ) www.businessinsider.com   time to read: +3 min
Getty Images; Jenny Chang-Rodriguez/BIFinfluencers touting money-losing advice typically have more followers than skilled accounts, according to a study. Betting against "antiskilled" finfluencers can yield a monthly 1.2% abnormal return. They added: "Furthermore, the social media sentiment by antiskilled finfluencers is highly persistent and induces long swings in the magnitude of their followers' belief bias." Given that antiskilled finfluencers tend to ride investing sentiment, their tone will follow the broader market attitude. That means that they'll tweet positively after a return, and negatively after a loss, while skilled accounts do the opposite.
Persons: Jenny Chang, Rodriguez, it's, antiskilled finfluencers Organizations: Swiss Finance Institute, charlatans, Business
☆ UBS CEO: confident it will win back some of Credit Suisse business
  + stars: | 2023-11-16 | by ( ) www.reuters.com   time to read: 1 min
Logos of Swiss banks Credit Suisse and UBS are seen before a news conference in Zurich Switzerland, August 30, 2023. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsZURICH, Nov 16 (Reuters) - UBS (UBSG.S) chief executive Sergio Ermotti voiced optimism on Thursday that the Swiss bank will be able to attract some of the assets that have left Credit Suisse, its former rival it has taken over earlier this year. "I am pretty confident that we will continue to see some good winbacks from assets that left Credit Suisse," Ermotti told a conference organised by the Swiss Finance Institute. He also said he did not expect Credit Suisse's integration to extend beyond 2026. Reporting by Noele Illien Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.
Persons: Denis Balibouse, Sergio Ermotti, Ermotti, Noele, Tomasz Janowski Organizations: Credit Suisse, UBS, REUTERS, Rights, Swiss Finance Institute, Thomson Locations: Zurich Switzerland, Swiss
☆ Swiss National Bank still sees no case for central bank digital currency
  + stars: | 2022-11-10 | by ( ) www.reuters.com   time to read: 1 min
ZURICH, Nov 10 (Reuters) - The Swiss National Bank currently sees "no compelling advantage" to introducing digital central bank money for the general population, governing board member Andrea Maechler said on Thursday. "We have taken quite a strong position," Maechler told a Swiss Finance Institute event in Zurich, saying such a move could lead to the public holding accounts with the central bank as well as with commercial banks. If customers became "worried or mad with a particular bank, you could transfer the money overnight to the SNB," Maechler said. "This would add a lot of risk and volatility to the system which is ultimately not needed." Reporting by John Revill, editing by Noele IllienOur Standards: The Thomson Reuters Trust Principles.
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