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Zacks News
UBS-Banco do Brasil Partner for Investment Banking Services
by Zacks Equity Research
UBS Group (UBS) enters into partnership with Banco do Brasil in order to strengthen position in Brazil and benefit from latter's capital markets distribution platform.
Itau Unibanco (ITUB) Q3 Earnings Impress on Stellar Revenues
by Zacks Equity Research
Itau Unibanco's (ITUB) third-quarter 2019 earnings highlight higher revenues, partly muted by elevated expenses and provisions.
Deutsche Bank (DB) Incurs Q3 Loss as Revenues Fall, Costs Up
by Zacks Equity Research
Deutsche Bank's (DB) Q3 results reflect the impact of overhaul costs, decline in revenues and higher provisions.
ICICI Bank's (IBN) Q2 Earnings Increase Y/Y, Expenses Rise
by Zacks Equity Research
Rise in top line and lower credit costs support ICICI Bank's (IBN) fiscal Q2 results.
UBS Group's (UBS) Q3 Earnings Fall Y/Y on Lower Revenues
by Zacks Equity Research
For the third quarter, UBS Group (UBS) reports fall in fees and commissions and rise in expenses.
UBS Making Job Cuts in Asia-Pacific Region to Reduce Costs
by Zacks Equity Research
UBS cuts jobs in the Asia-Pacific region, in order to reduce costs and restructure businesses.
Virgin Galactic Unveils Spacesuits as IPO Nears
by Christopher Vargas
On Wednesday, Under Armour (UAA) unveiled the spacesuits it is making for people to wear during trips with Richard Branson's Virgin Galactic spaceflight company.
BlackRock Eyes Partnership With Tencent to Expand in China
by Zacks Equity Research
BlackRock (BLK) is in preliminary talks with Tencent over the past year to develop a partnership in an effort to expand in the China mutual fund market.
UBS Signs Memorandum of Understanding With Banco do Brasil
by Zacks Equity Research
UBS Group's (UBS) strategic alliance to improve customer base and efforts to tap into opportunistic growth areas seem encouraging.
Commerzbank Proposes Strategic Overhaul to Boost Profits
by Zacks Equity Research
In sync with its efforts to strengthen operations, Commerzbank (CRZBY) proposes strategic revamp of its businesses.
UBS & Banco do Brasil Likely to Strike Investment Banking JV
by Zacks Equity Research
UBS Group (UBS) expects to benefit from Banco do Brasil's strong balance sheet position, and bolster foothold in Brazil through the deal.
UBS Group Contemplates Investment Bank Unit Restructuring
by Zacks Equity Research
UBS Group (UBS) to revamp the company's investment banking unit, in a bid to improve its performance and trim costs.
Royal Bank of Scotland to Face New PPI Claims of About GBP900M
by Zacks Equity Research
Royal Bank of Scotland (RBS) might record additional GBP600 million to GBP900 million as PPI claims, exceeding August expectations.
Goldman (GS) to Buy Majority Stake in China Joint Venture
by Zacks Equity Research
Goldman (GS) might acquire a majority stake of 51% holding in its Chinese investment banking joint venture, Goldman Sachs Gao Hua Securities Co.
Why Is UBS (UBS) Down 11.6% Since Last Earnings Report?
by Zacks Equity Research
UBS (UBS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Royal Bank of Canada (RY) Q3 Earnings Improve Y/Y, Costs Rise
by Zacks Equity Research
Royal Bank of Canada (RY) witnesses higher revenues and rise in expenses in third-quarter fiscal 2019.
Commerzbank Plans to Shut Down 100-200 Branches to Cut Costs
by Zacks Equity Research
Commerzbank (CRZBY) undertakes plans to cut costs after taking into account the weak German economy and expectations of lower rates.
UBS Group Displays Prudent Cost Management: Should You Hold?
by Zacks Equity Research
UBS Group's (UBS) is focused on achieving its performance targets through execution of cost management and several restructuring initiatives.
UBS Group (UBS) Mulls to Restructure Investment Bank Unit
by Zacks Equity Research
Co-heads of UBS Group's (UBS) investment bank unit are consistently making efforts to bolster the business.
HSBC to Resolve Belgium Money Laundering Lawsuit for $336M
by Zacks Equity Research
HSBC Holdings' (HSBC) agreement to settle Belgium money laundering and tax fraud lawsuit is a step in the right direction.
Will JPM, MS Get Nod for Majority Stake in China Ventures?
by Zacks Equity Research
JPMorgan (JPM) and Morgan Stanley (MS) acquire majority stake in their respective Chinese joint ventures. However, getting regulatory nod for the same can be difficult.
Mitsubishi UFJ (MUFG) Reports Impressive Earnings in Q1
by Zacks Equity Research
Mitsubishi UFJ Financial Group (MUFG) reports impressive earnings for first-quarter fiscal 2019 (Jun 30, 2019), driven by low credit costs and higher gross profits.
Itau Unibanco (ITUB) Q2 Earnings Rise Y/Y on Higher Revenues
by Zacks Equity Research
Itau Unibanco's (ITUB) second-quarter 2019 earnings highlight higher revenues, partly muted by elevated expenses and provisions.
Deutsche Bank (DB) Reports Q2 Loss as Revenues Decrease
by Zacks Equity Research
Deutsche Bank's (DB) Q2 net loss reflects the impact of overhaul costs, decline in revenues and higher provisions.
UBS Group's (UBS) Q2 Earnings Rise Y/Y on Lower Expenses
by Zacks Equity Research
For the second quarter, UBS Group (UBS) reports rise in fees and commissions and fall in expenses, partially offset by lower interest income.