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'Blunt' interest rates pose questions about Fed easing :Mike Dolan

COLUMN-'Blunt' interest rates pose questions about Fed easing :Mike Dolan By Mike Dolan LONDON, Sept 11 (Reuters) - If steep interest rate hikes failed to slow the U.S. economy much in recent years, it is reasonable to ask whether their reversal will prove as toothless in a downturn. One of the puzzles of the past two years has been how five percentage points of tightening by the Federal Reserve between March 2022 and July 2023 had so little effect on the overall economy.
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Swiss stocks - Factors to watch on September 6

Swiss stocks - Factors to watch on September 6 ZURICH/GDANSK, Sept 6(Reuters) - Here are some of the main factors that may affect Swiss stocks on Friday: SWISS NATIONAL BANK SNBN.S The wife of the new Swiss National Bank chairman is leaving her job as head of Switzerland's hotel association. COMPANY STATEMENTS JULIUS BAER GRUPPE AG BAER.S Julius Baer places 500 million euros senior unsecured notes.
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Julius Baer Successfully Places EUR 500 Million Senior Unsecured Notes

BRIEF-Julius Baer Successfully Places EUR 500 Million Senior Unsecured Notes Sept 5 (Reuters) - Julius Baer Gruppe AG BAER.S : SUCCESSFULLY PLACES EUR 500 MILLION SENIOR UNSECURED NOTES FIXED-RATE, ANNUALLY PAYABLE COUPON SET AT 3.875% PER ANNUM NOTES ARE 5-YEAR SENIOR UNSECURED NOTES ISSUED IN DENOMINATIONS OF EUR 100,000 Source text for Eikon: ID
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Julius Baer Renames Subsidiary Kuoni Mueller & Partner

BRIEF-Julius Baer Renames Subsidiary Kuoni Mueller & Partner Sept 5 (Reuters) - Julius Baer Gruppe AG BAER.S : RENAMES ITS SUBSIDIARY KUONI MUELLER & PARTNER TO JULIUS BAER REAL ESTATE LTD AT SAME TIME, GROUP HAS BOUGHT ALL OUTSTANDING MINORITY SHARES IN SUBSIDIARY, APPOINTED THOMAS HODEL AS SUBSIDIARY'S NEW CEO EFFECTIVE FEB 1 2025 Source text for
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Swiss Life says normalising European property markets boost results

UPDATE 4-Swiss Life says normalising European property markets boost results Swiss Life beats expectations for H1 fee result Says German and French property markets are stabilising Confirms outlook for 2024 Shares touch 23-year high in early trading Updates shares, recasts with comments on European property markets in paragraphs 1, 4-5, adds property devaluations in paragraph 6, analyst comment paragraph 9 By Andrey Sychev GDANSK, Sept 3 (Reuters) - Swiss Life SLHN.S , a major owner of real esta
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Italy - Factors to watch on August 26

Italy - Factors to watch on August 26 The following factors could affect Italian markets on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . DEBT Treasury announces sale of BTP and CCTeu bonds, with relative amounts to be auctioned on Aug.
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Swiss Re up after better-than-expected H1 net profit

BUZZ-Swiss Re up after better-than-expected H1 net profit ** Swiss reinsurance company Swiss Re SRENH.S beat expectations with its H1 net profit results, with its shares rising 1.2% in Julius Baer premarket indications ** H1 net profit came in at $2.09 billion, above expectations of $2.02 billion in a poll conducted by Vara Research ** The results leave Swiss Re 16% ahead of where they need to be in order to meet their full year guidance, Vontobel says ** "It is hard to see how the company won't
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Siegfried rises on better-than-expected H1 results

BUZZ-Siegfried rises on better-than-expected H1 results ** Shares in Siegfried Holding SFZN.S rise 1.9% in Julius Baer pre-market trade after the Swiss pharmaceutical company posted better-than-expected H1 results and confirmed its FY outlook ** Siegfried posted H1 core EBITDA of 132.1 million Swiss francs ($155.30 million), compared to 125.7 milli
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Alcon falls after posting 'weak' Q2 sales

BUZZ-Alcon falls after posting 'weak' Q2 sales ** Shares in Swiss eye care company Alcon ALCC.S are seen down 3.1% in Julius Baer premarket after the group reported on Tuesday Q2 results below expectations ** Analysts from Vontobel and BTIG also point to weaker than anticipated top line growth in the quarter ** Q2 net sales rose to $2.48 billion, 2% below analysts' average forecast of $2.53 billion, according to LSEG data ** The company profitability saw $30 million negative impact from signific
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Singapore charges two ex-bankers for helping $2.2 bln money laundering ring

UPDATE 1-Singapore charges two ex-bankers for helping $2.2 bln money laundering ring Adds comment by Julius Baer paragraph 5 SINGAPORE, Aug 15 (Reuters) - A Singapore court on Thursday charged two former bankers for helping a group of foreigners who were convicted of laundering $2.2 billion last year in the biggest such financial crime in the Asian financial hub.
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Singapore charges two ex-bankers for helping $2.2 bln money laundering ring

Singapore charges two ex-bankers for helping $2.2 bln money laundering ring SINGAPORE, Aug 15 (Reuters) - A Singapore court on Thursday charged two former bankers for helping a group of foreigners who were convicted of laundering $2.2 billion last year in the biggest such financial crime in the Asian financial hub. Both Wang Qiming and Liu Kai were relationship managers and Chinese nationals employed by Citibank and Swiss private bank Julius Baer, according to a Singapore Police Force statement
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Growth is missing piece in UBS valuation puzzle

BREAKINGVIEWS-Growth is missing piece in UBS valuation puzzle The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Liam Proud LONDON, Aug 14 (Reuters Breakingviews) - UBS UBSG.S boss Sergio Ermotti faces two big questions. Can he successfully integrate Credit Suisse, which his bank acquired last year in a state-backed rescue, and can he prove that the combined group has a reliable growth engine?
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UBS rises after it delivers Q2 net profit above expectations

BUZZ-UBS rises after it delivers Q2 net profit above expectations ** Shares in UBS UBSG.S are up 2.9% after Switzerland's largest bank reported Q2 net profit results above expectations ** UBS reported Q2 net profit of $1.14 billion, around twice as much as analysts had expected ** "Our Take: Strong", writes J.P. Morgan, adding that the integration
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Straumann shares rise after sale of DrSmile biz, outlook hike

BUZZ-Straumann shares rise after sale of DrSmile biz, outlook hike ** Shares of Straumann STMN.S are up around 6% in Julius Baer pre-market trade after the Swiss dental implant maker raised its guidance for 2024 and announced sale of its DrSmile aligner business ** It now expects organic revenue growth for 2024 in a low double-digit percentage rang
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UBS profit beats forecasts as investment bank shines, shares rise

UPDATE 7-UBS profit beats forecasts as investment bank shines, shares rise UBS reports net profit double analysts' forecasts Investment banking, cost savings main drivers Shares outperform European banking index CEO says UBS on track to meet financial targets Adds divestiture, paragraph 11, updates share price By Dave Graham and Tommy Reggiori Wilkes ZURICH, Aug 14 (Reuters) - Swiss bank UBS UBSG.S on Wednesday posted a quarterly profit that was double the market forecast, buoyed by investment b
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Yen dives as BOJ plays down chance of hikes, soothing markets

FOREX-Yen dives as BOJ plays down chance of hikes, soothing markets Updates at 0850 GMT By Ankur Banerjee and Harry Robertson SINGAPORE/LONDON, Aug 7 (Reuters) - The yen dropped on Wednesday after an influential Bank of Japan official played down the chances of a near-term rate hike , soothing investors' concerns that a further jump in the Japanese currency could again rock global markets.
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Yen dives as BOJ hints no rate hikes while markets are volatile

FOREX-Yen dives as BOJ hints no rate hikes while markets are volatile Updates at 0540 GMT By Ankur Banerjee SINGAPORE, Aug 7 (Reuters) - The yen slumped on Wednesday after an influential Bank of Japan official played down the chances of a near-term rate hike in a fresh twist to the week that started with massive moves driven by U.S. recession fears and unwinding of popular carry trades .
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Euronext, Pearson, Saint-Gobain

EUROPE RESEARCH ROUNDUP- Euronext, Pearson, Saint-Gobain July 30 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Euronext, Pearson and Saint-Gobain on Tuesday. HIGHLIGHTS * Adyen NV ADYEN.AS : HSBC cuts target price to EUR 1600 from EUR 1900 * Deutsche Boerse AG DB1Gn.DE : JP Morgan raises target price to EUR 198 from EUR 194 * Euronext NV ENX.PA : JP Morgan cuts target price to EUR 107 from EUR 108 * Pearson PSON.L : JP Morgan cut
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Duty-free retailer Avolta sees travel boom boosting results

UPDATE 3-Duty-free retailer Avolta sees travel boom boosting results Sees FY core turnover, margins at top end of mid-term goals H1 core turnover up 11% CEO says growth in passengers numbers 'very, very strong' Rewrites with CEO comments, updates shares By Anastasiia Kozlova and Ozan Ergenay July 30 (Reuters) - Swiss duty-free retailer Avolta AVOL.S forecast on Tuesday full-year underlying turnover and profit margins at the top end of its mid-term targets, boosted by strong travel demand.
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Julius Baer Seeks Goldman Sachs Deal To Get New CEO Sooner - Bloomberg News

BRIEF-Julius Baer Seeks Goldman Sachs Deal To Get New CEO Sooner - Bloomberg News July 26 (Reuters) - JULIUS BAER SEEKS GOLDMAN SACHS DEAL TO GET NEW CEO SOONER - BLOOMBERG NEWS Source text : https://tinyurl.com/22zbqs96
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