Where in the cycle are we?
Posted by: Paul Donovan
Resignation of UK prime minister adds to Brexit uncertainty
Theresa May, the UK prime minister, has announced her decision to step down, after her latest efforts to forge an EU withdrawal agreement failed to win support.
The Fed, before tax hikes
Posted by: Paul Donovan
Don’t bank on a Fed put yet
The Federal Reserve doesn’t look set to ride to the rescue of equity markets anytime soon, based on the minutes from its 30 April to 1 May meeting.
Commerzbank Annual General Meeting to vote on dividend
Commerzbank’s shareholders will today vote on the proposal by the Board of Managing Directors and Supervisory Board to pay a dividend for financial year 2018.
Minute by minute
Posted by: Paul Donovan
Commerzbank Annual General Meeting – summary of voting results
Resolution on the appropriation of distributable profit (item 2) The Annual General Meeting voted, as proposed by the Board of Managing Directors and the Supervisory Board, to use the distributable profit for financial year 2018 in an amount of approximately €262 million, to pay a dividend of €0.20 per dividend-bearing share and to allocate the remaining amount to profit reserves.
Brexit debate reaches crunch point
Brexit uncertainty continued to undermine sterling.
UBS raises more than USD 93 million for Generation Investment Management’s Sustainable Solutions Fund
The fund aims to generate long-term returns through USD 50-150 million investments in high growth, sustainable companies, defined as providing goods and services consistent with a low-carbon, prosperous, equitable, healthy and safe society.
UBS opens a new Digital Factory location in Switzerland
UBS is further expanding the successful operating model of the Digital Factory, moving from the temporary location in Paradeplatz to Hardturmstrasse 161 in Zurich-West.