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1 week agoNucor Was Just Upgraded to Buy by UBS With $190 Price Target
Nucor Corp upgraded to Buy by UBS analyst due to compelling entry point and positive outlook despite recent stock pullback.
UBS Group AG is preparing to offer bitcoin trading to a select group of private banking clients in Switzerland. According to a Bloomberg report citing people familiar with the matter, the Swiss banking giant has been in discussions for several months about launching a cryptocurrency trading offering and is currently in the process of selecting external partners. The service would initially be limited to a small subset of Swiss private banking clients, with a broader rollout possible at a later stage.
Swiss banking giant UBS will pay €835million to settle a long-running French legal case over helping wealthy clients dodge taxes, the group and French authorities have said. UBS will pay a €730million fine and €105million in damages to the French state to close the 14-year legal saga. "UBS AG is pleased to announce it has resolved the legacy matter concerning its cross-border business activities in France between 2004 and 2012," the bank said in a statement.