Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Financials Conference"


7 mentions found


Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFrom debt point of view, we are seeing attractive spread levels globally: J.P. Morgan's ReschkeMatthias Reschke, J.P Morgan's head of European investment grade finance, discusses the debt and credit landscape ahead of J.P. Morgan's inaugural European Financials Conference.
Persons: Morgan's Reschke Matthias Reschke, J.P Organizations: Morgan's, Financials Conference Locations: J.P
Morgan Stanley sees a comeback in Wall Street deals underway — and expects some financial stocks to reap the benefits. However, Goldman Sachs said sponsor-led mergers and acquisitions do not necessarily need a decrease in interest rates to take off. Stadnik said a capital markets renaissance is one key reason to be overweight money center banks. Of this group, he called Goldman Sachs the "purest play" on this theme. Goldman Sachs shares have climbed more than 15% this year.
Persons: Morgan Stanley, Andrei Stadnik, Stadnik, Morgan Stanley's, Goldman Sachs, Blackstone, Morgan, LSEG Organizations: Wall Street, JPMorgan, LSEG Locations: U.S
A top ECB official called on EU banks still operating in Russia to exit the market asap. His comments followed news that some Western firms are still operating in Russia, despite sweeping sanctions. It's unclear how many Western banks are still doing business in Russia. The Financial Times reported in January that just a handful of the 45 Western banks with subsidiaries in Russia have managed to exit. Still, EU banks have managed to reduce their exposures to Russian counterparties by 37% in 2022, he said.
Persons: , Russia —, Andrea Enria, Enria, it's Organizations: ECB, Service, European, European Central Bank, European Financials Conference, Financial Times, Novaya Gazeta Europe, Austria's, Raiffeisen, Reuters, Yale University, Russia Locations: Russia, Ukraine, Novaya
A top ECB official called on EU banks still operating in Russia to exit the market asap. His comments followed news that some Western firms are still operating in Russia, despite sweeping sanctions. It's unclear how many Western banks are still doing business in Russia. The Financial Times reported in January that just a handful of the 45 Western banks with subsidiaries in Russia have managed to exit. Still, EU banks have managed to reduce their exposures to Russian counterparties by 37% in 2022, he said.
Persons: , Russia —, Andrea Enria, Enria, it's Organizations: ECB, Service, European, European Central Bank, European Financials Conference, Financial Times, Novaya Gazeta Europe, Austria's, Raiffeisen, Reuters, Yale University, Russia Locations: Russia, Ukraine, Novaya
"This is part of the process of the knob being turned to tighten financial conditions to make sure that we are on our way to normalising a higher interest rate world," Pick said. Shockwaves from the collapse of SVB put fresh pressure on bank stocks across Asia and Europe on Tuesday as worries about potential contagion to other lenders deepened. Morgan Stanley's Pick said the events of the last week may give the Federal Reserve pause for thought on its own rate plans. He was speaking ahead of closely-watched U.S. inflation data later in the day. Analysts at Goldman Sachs said in a note on Monday that U.S. banking stresses could spread directly to European banks.
UBS seeing positive client flows this quarter - Khan
  + stars: | 2022-09-20 | by ( ) www.reuters.com   time to read: +1 min
Register now for FREE unlimited access to Reuters.com RegisterThe logo of Swiss bank UBS is seen at a branch office in Zurich, Switzerland, January 27, 2017. REUTERS/Arnd Wiegmann/File PhotoZURICH, Sept 20 (Reuters) - UBS Group (UBSG.S) is seeing positive flows of client funds this quarter, the co-head of the Swiss bank's wealth management business said on Tuesday. The first quarter had been pretty strong and it viewed the slowdown in the second quarter as an "anomaly", Iqbal Khan told the BofA Global Research financials conference. "As of this quarter we are seeing positive flows," he said without being specific. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Michael Shields, editing by Rachel More and Louise HeavensOur Standards: The Thomson Reuters Trust Principles.
UBS says it sees positive client flows this quarter
  + stars: | 2022-09-20 | by ( ) www.reuters.com   time to read: +1 min
Register now for FREE unlimited access to Reuters.com RegisterThe logo of Swiss bank UBS is seen at a branch office in Zurich, Switzerland, January 27, 2017. REUTERS/Arnd Wiegmann/File PhotoZURICH, Sept 20 (Reuters) - UBS Group (UBSG.S) is seeing positive flows of client funds this quarter, the co-head of the Swiss bank's wealth management business said on Tuesday. The first quarter had been pretty strong and it viewed the slowdown in the second quarter as an "anomaly", Iqbal Khan told the BofA Global Research financials conference. "As of this quarter we are seeing positive flows," he said without being specific. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Michael Shields, editing by Rachel More and Louise HeavensOur Standards: The Thomson Reuters Trust Principles.
Total: 7