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☆ UBS launches its experiential "House of Craft" campaign in New York as Credit Suisse integration continues
  + stars: | 2024-10-18 | by ( Julia Hood | ) www.businessinsider.com   time to read: +6 min
UBS launched its global "House of Craft" initiative at an event in New York City in October. AdvertisementIn a SoHo townhouse in New York City, UBS launched its global "House of Craft" initiative, an experiential campaign that honors the tradition of craftsmanship. AdvertisementConvening around craftNew York City's legacy of fine craftsmanship made it the choice destination for UBS's first "House of Craft" event. James Miller, who said he collects micro-brand timepieces, wore a Henry Archer watch to the "House of Craft" event. "This is a brand campaign, but it's one very clearly associated with making sure more people are positively thinking about us," he said.
Persons: —, Carmelo Anthony, Daniel Dae Kim, Ginny Wright, Audemars Piguet, Jean, Claude Biver, John McDonald, McDonald, Sergio Ermotti, Ermotti, Prophet, James Miller, Henry Archer, Julia Hood Miller, Nathan Desloover, Todd Snyder, Julia Hood, I've, Desloover, I'm Organizations: UBS, Credit Suisse, Service, NBA, Audemars, TAG, Suisse, Swiss, Publicis Groupe, Suisse hasn't, Horological Society of New Locations: New York City, Swiss, Americas, UBS's, Asia, Latin America, New York, York, Horological Society of New York, Detroit
☆ Flying high on obesity success, Novo's appetite for deals grows
  + stars: | 2023-05-04 | by ( Natalie Grover | ) www.reuters.com   time to read: +2 min
Its interest is largely in areas it has already invested in, including diabetes, obesity, cardiovascular disease and gene therapies, he said on a panel at the LSX World Congress conference. Since launching its popular Wegovy weight-loss drug in the United States in June 2021, Novo's shares have soared by 140%. The company has traditionally taken a wait-and-see approach to deals, often waiting for drugs to have success in later-stage trials before going for a deal. Since joining the drugmaker in 2018, the company has grown its business development capacity. "If you look at some of our competitors, there are hundreds of people in business development ... and we probably have 25," he said.
☆ JPMorgan amasses deposits as customers move money to largest U.S. bank
  + stars: | 2023-04-14 | by ( Mehnaz Yasmin Niket Nishant | Mehnaz Yasmin | Niket Nishant | ) www.reuters.com   time to read: +2 min
The largest U.S. lender gained $50 billion in deposits at the end of March, its first-quarter earnings report showed. That compares to Citigroup Inc (C.N), where deposits were largely flat, and a decline at Wells Fargo & Co (WFC.N). Investors have closely scrutinized deposits after the collapses of Silicon Valley Bank and Signature Bank last month rattled markets, prompting regulators to step in to guarantee their customers' deposits. JPMorgan reported a 2% rise in deposits to $2.38 trillion at the end of the quarter compared with the end of 2022. Deposits at Wells Fargo slid 2% to $1.36 trillion as customers moved their money to higher-yielding accounts and products.
☆ How an urban myth about litter boxes in schools became a GOP talking point
  + stars: | 2022-10-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Tyler Kingkade | ) www.nbcnews.com   time to read: +14 min
There is no evidence that any school has deployed litter boxes for students to use because they identify as cats. The rumor of litter boxes in schools appears to have begun among parents on social media, and one of the first schools to confront the falsehood was in Canada last fall. Catalina Lauf, a Republican congressional nominee in Illinois, tweeted this month that schoolchildren were using litter boxes in her state. Some say litter boxes are located in “transgender bathrooms” in schools. Meanwhile on TikTok, one video claiming “kids are now requesting litter boxes at school” collected 3 million views on the platform.
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