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UBS Group AG (UBS)
- Business Wire
Three UBS Financial Advisors in Arizona named to Forbes Top Women Wealth Advisors Best-in-State List
PHOENIX, May 02, 2024--3 Women financial advisors from UBS in Scottsdale have been named to the Forbes Best-in-State Women Wealth Advisors list for 2024.
- Reuters SG
Credit Suisse may face $36 mln fine over S.Korea short-selling, says Chosun Ilbo
South Korea's financial authorities have notified Credit Suisse AG it could face 50 billion won ($36.32 million) in fines over allegations it breached short-selling rules, South Korea's Chosun Ilbo daily reported on Thursday, citing industry sources. The Financial Supervisory Service (FSS) is set to announce on Friday the mid-term findings from its investigation of short-selling by global investment banks. The FSS declined to comment on the Chosun Ilbo report.
- Reuters
Anglo under pressure to reveal plans to fend off BHP as Elliott hikes stake
LONDON/SYDNEY (Reuters) -Anglo American faced calls from shareholders on Monday to detail plans for improving its value in order to fend off bidder BHP, as activist investor Elliott further raised the stakes by increasing its holding in the takeover target. Elliott Investment Management meanwhile said in a stock exchange filing on Monday it had raised its position in London-listed Anglo to 2.6% from about 2.5% it disclosed on Friday. That added to the market heat, with the target company's share price rising 4.05% to 27.50 pounds - well above BHP's opening bid of 25.08 per share.
