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Italy has more to gain from France’s pain

BREAKINGVIEWS-Italy has more to gain from France’s pain The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Neil Unmack LONDON, Oct 14 (Reuters Breakingviews) - Italy has more to gain from France’s pain. Rome’s borrowing costs are converging with those of Paris, thanks to the relative stability and fiscal assurances of Giorgia Meloni’s government.
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Campaigners want UBS barred from US pension market, Sueddeutsche Zeitung says

Campaigners want UBS barred from US pension market, Sueddeutsche Zeitung says ZURICH, Oct 14 (Reuters) - A group of campaigners wants UBS UBSG.S to lose its exemption from U.S. regulations that allows the Swiss bank to operate in the American pension market despite breaking banking rules, Sueddeutsche Zeitung reported on Monday. The U.S. Department of Labor is considering an application from UBS that would extend its exemption to operate in the world's largest with $30 trillion of assets under m
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Litigation funder backs cases over NJ law shielding info on judges, officials

UPDATE 2-Litigation funder backs cases over NJ law shielding info on judges, officials Updates company comments in paragraphs 7-8 By Nate Raymond Oct 11 (Reuters) - A data-deletion firm that has filed over 140 lawsuits against businesses accused of running afoul of a New Jersey law designed to shield the release of addresses and other personal information of judges, police and prosecutors is being backed by a third-party litigation funder, according to court papers.
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S&P 500, Dow hit records, boosted by bank earnings surprise

US STOCKS-S&P 500, Dow hit records, boosted by bank earnings surprise JPMorgan, Wells Fargo rally after Q3 results Tesla reverses after unveiling robotaxi Monthly PPI unchanged Indexes up: Dow 0.97%, S&P 500 0.61%, Nasdaq 0.33% Updates individual and sector stock prices, adds trading volume By Sinéad Carew and Lisa Pauline Mattackal Oct 11 (Reuters) - The S&P 500 and the Dow scored record closing highs on Friday, with the big boosts from financial stocks after banks reported strong quarterly re
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S&P 500, Dow hit records, boosted by bank earnings surprise

US STOCKS-S&P 500, Dow hit records, boosted by bank earnings surprise Updates prices at 4:00 p.m ET/ 2000 GMT By Sinéad Carew and Lisa Pauline Mattackal Oct 11 (Reuters) - The S&P 500 and the Dow scored record closing highs on Friday, with the biggest boosts from financial stocks after banks reported strong quarterly results while the latest inflation data supported expectations for a U.S.
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Litigation funder backs cases over NJ law shielding info on judges, officials

Litigation funder backs cases over NJ law shielding info on judges, officials By Nate Raymond Oct 11 (Reuters) - A data-deletion firm that has sued over 100 businesses accusing them of running afoul of a New Jersey law designed to shield the release of addresses and other personal information of judges, police and prosecutors is being backed by a third-party litigation funder, according to court papers.
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S&P 500, Dow hit record highs, boosted by bank earnings surprise

US STOCKS-S&P 500, Dow hit record highs, boosted by bank earnings surprise JPMorgan, Wells Fargo rally after Q3 results Tesla reverses after unveiling robotaxi Monthly PPI unchanged Indexes up: Dow 0.90%, S&P 500 0.61%, Nasdaq 0.37% Updated prices at 2:28 p.m ET/ 1828 GMT By Sinéad Carew and Lisa Pauline Mattackal Oct 11 (Reuters) - The S&P 500 and the Dow hit record highs on Friday, w ith the biggest boosts from financial stocks after banks reported strong quarterly results while the latest in
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Central bank body calls for more detailed monitoring of bank liquidity risks

Central bank body calls for more detailed monitoring of bank liquidity risks BIS suggests more detailed bank liquidity monitoring Current tools cannot prevent all bank runs Credit Suisse's collapse prompts liquidity rules rethink By Tommy Reggiori Wilkes, Stefania Spezzati LONDON, Oct 11 (Reuters) - Banking supervisors should ensure that individual entities of global banks have sufficient liquidity rather than just monitoring risks at group-level, the Bank for International Settlements, said on
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UBS raises PT on Hasbro as co on path to achieve long-term margin target

BUZZ-UBS raises PT on Hasbro as co on path to achieve long-term margin target ** Brokerage UBS raises PT of toymaker Hasbro Inc HAS.O to $82 from $69 ahead of Q3 results on Oct 24 ** Says co could beat the 20% operating margin target it set in for FY 2026 by 2024 or 2025 on gains from its gaming segment, which includes popular brands like Magic: Th
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China Resources Beverage to launch up to $700 mln IPO next week, sources say

UPDATE 1-China Resources Beverage to launch up to $700 mln IPO next week, sources say Adds IPO details from paragraphs 5-11 By Julie Zhu and Scott Murdoch HONG KONG, Oct 10 (Reuters) - Drinks maker China Resources Beverage is set to launch its Hong Kong initial public offering (IPO) next week, aiming to raise up to $700 million, said two people with direct knowledge of the matter, in the city's largest new share sale this year.
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UBS tech chief says Credit Suisse integration is on track after test run

UPDATE 1-UBS tech chief says Credit Suisse integration is on track after test run UBS has begun moving Credit Suisse clients to its platforms Test run completed last month, IT chief Dargan says CEO has flagged IT integration as a big risk Adds detail in paragraphs 1 and 11 By Oliver Hirt ZURICH, Oct 10 (Reuters) - UBS's UBSG.S technology chief is confident that the hugely complex integration of Credit Suisse, bringing its former rival's clients and data onto its own platforms, is "bang on target
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UBS 'bang on target' with Credit Suisse integration, IT chief says

UBS 'bang on target' with Credit Suisse integration, IT chief says By Oliver Hirt ZURICH, Oct 10 (Reuters) - UBS's UBSG.S integration of former rival Credit Suisse's clients and data with its own platforms is "bang on target" after a successful test run, its tech chief told Reuters. UBS CEO Sergio Ermotti has previously flagged that IT integration is one of the biggest risks facing UBS as it embarks on the second, trickier phase of merging with its fallen rival, after acquiring it in an emergenc
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Swiss stocks - Factors to watch on October 10

Swiss stocks - Factors to watch on October 10 ZURICH/GDANSK, Oct 10(Reuters) - Here are some of the main factors that may affect Swiss stocks on Thursday: Givaudan GIVN.S Swiss fragrance and flavour maker Givaudan reported third-quarter sales above analysts' expectations on Thursday, driven by sustained high demand across its markets. KinderCare KLC.N Partners Group PGHN.S -backed KinderCare Learning Companies notched a market valuation of about $3.1 billion after its shares opened 12.5% above i
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U.S. stocks rally for a second day - CPI at bat

LIVE MARKETS-U.S. stocks rally for a second day - CPI at bat Main U.S. stock indexes end higher; Dow out front, up ~1% Healthcare lead S&P 500 sector gainers; Utilities weakest group Dollar up; gold, crude decline; bitcoin falls >2% U.S. 10-Year Treasury yield rises to ~4.07% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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UBS Principal Capital Asia Buys 8.1 Mln Shares Of IDFC Via Bulk Deal, Exchange Data Shows

BRIEF-UBS Principal Capital Asia Buys 8.1 Mln Shares Of IDFC Via Bulk Deal, Exchange Data Shows Oct 9 (Reuters) - UBS PRINCIPAL CAPITAL ASIA BUYS 8.1 MILLION SHARES OF IDFC VIA BULK DEAL - EXCHANGE DATA Source text for Eikon: [ID:] Further company coverage: IDFC.NS
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Cash still king for Swiss businesses, central bank survey shows

Cash still king for Swiss businesses, central bank survey shows ZURICH, Oct 9 (Reuters) - Cash is still the most accepted payment method for Swiss businesses, the Swiss National Bank said on Wednesday, despite plans by some companies to reduce their acceptance of notes and coins in future. Physical money is still accepted by 98% of the 770 companies in the survey of retailers, public transport companies, service providers like hairdressers as well as cultural and entertainment facilities.
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Australian shares rise on boost from banks

Australian shares rise on boost from banks Oct 9 (Reuters) - Australian shares rose on Wednesday as gains in banks outweighed losses in mining and energy stocks, while New Zealand equities climbed ahead of a likely interest rate cut by the central bank. The S&P/ASX 200 index .AXJO had risen 0.4% to 8,207.6 by 2316 GMT. The benchmark fell 0.4% on Tuesday.
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Deutsche Bank joins advisers in Berlin's planned Uniper sale, sources say

UPDATE 2-Deutsche Bank joins advisers in Berlin's planned Uniper sale, sources say Adds finance ministry comment in paragraph 5 By Emma-Victoria Farr and Christoph Steitz FRANKFURT, Oct 9 (Reuters) - The German government has enlisted Deutsche Bank DBKGn.DE to help with the planned sale of a 20-30% stake in state-owned utility Uniper UN0k.DE , two people close to the matter said.
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Deutsche Bank joins advisers in Berlin's planned sale of Uniper, sources say

Deutsche Bank joins advisers in Berlin's planned sale of Uniper, sources say FRANKFURT, Oct 8 (Reuters) - Berlin has enlisted Deutsche Bank DBKGn.DE to help it with its planned sale of a 20-30% stake in Uniper UN0k.DE , further advancing the process to sell shares in the state-owned utility, two people familiar with the matter said. Deutsche Bank joins UBS UBSG.S , Citi C.N and Roland Berger, which have all secured roles as part of the planned disposal that would reverse one of the biggest bailo
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Germany Said To Tap Citi, Deutsche Bank, UBS For Uniper Selldown- Bloomberg News

BRIEF-Germany Said To Tap Citi, Deutsche Bank, UBS For Uniper Selldown- Bloomberg News Oct 8 (Reuters) - GERMANY SAID TO TAP CITI, DEUTSCHE BANK, UBS FOR UNIPER SELLDOWN- BLOOMBERG NEWS Source: https://tinyurl.com/yc7ycj8t
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