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Global banks are nearing peak regulation

RPT-BREAKINGVIEWS-Global banks are nearing peak regulation The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Peter Thal Larsen LONDON, Oct 31 (Reuters Breakingviews) - Sixteen years ago last month, Jamie Dimon was summoned to Washington. There, Treasury Secretary Hank Paulson presented the JPMorgan JPM.N chief executive and the heads of eight other large U.S.
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Global banks are nearing peak regulation

RPT-BREAKINGVIEWS-Global banks are nearing peak regulation The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Peter Thal Larsen LONDON, Oct 31 (Reuters Breakingviews) - Sixteen years ago last month, Jamie Dimon was summoned to Washington. There, Treasury Secretary Hank Paulson presented the JPMorgan JPM.N chief executive and the heads of eight other large U.S.
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European earnings: better but still mixed - Morgan Stanley

LIVE MARKETS-European earnings: better but still mixed - Morgan Stanley STOXX 600 up 0.7% Reckitt jumps on U.S. trial win Energy shares lead Focus on U.S. payrolls Wall St futures higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN EARNINGS: BETTER BUT STILL MIXED - MORGAN STANLEY It has been a big earnings week in Europe, with Q3 numbers from oil giants Shell SHEL.L
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Hedge funds search for trades in dead-heat US election

Hedge funds search for trades in dead-heat US election Investors seek asymmetric trades with limited downside Bitcoin and yuan trades seen as potential winners Some say Trump trade overdone as race stays tight By Carolina Mandl and Davide Barbuscia NEW YORK, Nov 1 (Reuters) - Hedge funds and other investors are searching for trades that profit from a win by Republican presidential candidate Donald Trump, but also offer limited downside in the event of a victory by Vice President Kamala Harris.
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Swiss stocks - Factors to watch on November 1

Swiss stocks - Factors to watch on November 1 ZURICH/GDANSK, Nov 1 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Friday: UBS GROUP AG UBSG.S It is too early to say how high new capital requirements should be for UBS under regulatory measures being discussed by authorities, Swiss Finance Minister Karin Keller-Sutter said on Thursday.
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UBS Launches Its First Tokenized Investment Fund

BRIEF-UBS Launches Its First Tokenized Investment Fund Nov 1 (Reuters) - UBS : LAUNCHES ITS FIRST TOKENIZED INVESTMENT FUND Source: https://tinyurl.com/388u36sx
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Resolvability key to UBS capital requirements, minister says

UPDATE 2-Resolvability key to UBS capital requirements, minister says Adds detail on timing of political process, paragraph 10, definition of resolvability, paragraph 2 ZURICH, Oct 31 (Reuters) - How much capital UBS UBSG.S needs to hold under new stability measures being considered by Swiss authorities will depend on the bank's resolvability , Finance Minister Karin Keller-Sutter said on Thursday.
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SWISS FINANCE MINISTER SAYSCAN'T SAY YET WHERE THE CAPITAL REQUIREMENTS WILL BE, IT WILL DEPEND ON RESOLVABILITY OF UBS

Too early to say how high Swiss bank capital requirements should be, finance minister says ZURICH, Oct 31 (Reuters) - It is too early to say how high new capital requirements should be for UBS UBSG.S under regulatory measures being discussed by Swiss authorities, Swiss Finance Minister Karin Keller-Sutter said on Thursday. The matter would depend on the resolvability of UBS, Keller-Sutter told an event in Zurich.
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Systemically important banks have enough capital, UBS chairman says

UPDATE 1-Systemically important banks have enough capital, UBS chairman says Adds further quotes, details from paragraph 3 onwards ZURICH, Oct 31 (Reuters) - Banks regarded as too big to fail are sufficiently capitalized, UBS UBSG.S Chairman Colm Kelleher said on Thursday, as his bank seeks to avoid regulations currently taking shape in Switzerland that could hurt business.
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US election anxieties push gold towards its best month in seven

PRECIOUS-US election anxieties push gold towards its best month in seven U.S. PCE, weekly jobless claims data due at 1230 GMT Gold hits record high of $2,790.15/oz earlier in the session Silver up over 7% for the month Palladium on track for biggest monthly gain since Jan 2022 Adds UBS comment and updates prices By Anushree Mukherjee Oct 31 (Reuters) - Gold held just below a record high on Thursday, heading for its best month in seven, as a hotly-contested U.S.
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Systemically relevant banks have adequate capital, UBS chairman says

Systemically relevant banks have adequate capital, UBS chairman says ZURICH, Oct 31 (Reuters) - Banks regarded as too big to fail are sufficiently capitalized, UBS Chairman Colm Kelleher said on Thursday, as his bank seeks to avoid regulations under consideration in Switzerland that could hurt business. "My personal opinion - and I would say this, wouldn't I - is that since 2008, the too big to fail banks are more than adequately capitalized," Kelleher said at an event in Brussels.
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Global banks are nearing peak regulation

BREAKINGVIEWS-Global banks are nearing peak regulation The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Peter Thal Larsen LONDON, Oct 31 (Reuters Breakingviews) - Sixteen years ago last month, Jamie Dimon was summoned to Washington. There, Treasury Secretary Hank Paulson presented the JPMorgan JPM.N chief executive and the heads of eight other large U.S.
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Arkema, Flatexdegiro, Mediobanca

EUROPE RESEARCH ROUNDUP-Arkema, Flatexdegiro, Mediobanca Oct 31 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Arkema, Flatexdegiro and Mediobanca, on Thursday. HIGHLIGHTS * Arkema SA AKE.PA : Berenberg raises to buy from hold * Flatexdegiro AG FTKn.DE : Goldman Sachs raises to buy from neutral * Mediobanca MDBI.MI : Deutsche Bank raises to hold from sell * Orsted ORSTED.CO : Deutsche Bank cuts to hold from buy * Syensqo NV SYENS.
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UBS expects copper price to average $10,500/T in 2025

UBS expects copper price to average $10,500/T in 2025 Oct 31 (Reuters) - UBS UBSG.S said on Thursday that increasingly tighter supplies of copper in the coming six to 12 months could lead to a deficit of more than 200,000 tons in 2025, as demand grows for the metal key to energy transition. Copper prices on the London Metal Exchange (LME) are forecast to average $10,500 and $11,000 per metric ton in 2025 and 2026, respectively, UBS said.
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Robust banks impair pleas for lighter regulation: podcast

BREAKINGVIEWS-Robust banks impair pleas for lighter regulation: podcast The host is a Reuters Breakingviews columnist. The opinions expressed are her own. By Aimee Donnellan LONDON, Oct 31 (Reuters Breakingviews) - Follow on Apple or Spotify . Listen on the Reuters app. Listen to the podcast Lenders on both sides of the Atlantic are doing relatively well, despite concerns over the effect of shifting rates.
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UBS remains in discussion with Swiss govt over capital plans, CEO says

UBS remains in discussion with Swiss govt over capital plans, CEO says LONDON, Oct 30 (Reuters) - UBS UBSG.S remains in "technical discussions" with the Swiss government about its plans for the bank to hold more capital but is yet to receive feedback, CEO Sergio Ermotti said on Wednesday. "We are not yet into any phase where you get any feedback because it's about exchanging facts, not views on the matter," Ermotti told reporters during a media call after UBS published third-quarter results.
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UBS can share more M&A savings with investors

BREAKINGVIEWS-UBS can share more M&A savings with investors The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Liam Proud LONDON, Oct 30 (Reuters Breakingviews) - Sergio Ermotti’s UBSG.S integration of Credit Suisse is clearly going well. The only real question is why so few of the touted cost savings seem to be benefitting UBS’s reported operating expenses.
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Alphabet beats and Treasuries rally

MORNING BID AMERICAS-Alphabet beats and Treasuries rally A look at the day ahead in U.S. and global markets from Mike Dolan Markets struggling which way to look will be dizzy again in an event-strewn Wednesday but the spotlight first thing drops on Alphabet's GOOGL.O impressive earnings beat and a relief-rally in election-bruised U.S. Treasuries. A critical fortnight for investors includes next week's U.S.
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STOXX 600 hits one-month low as bleak earnings weigh, tech stocks slump

UPDATE 2-STOXX 600 hits one-month low as bleak earnings weigh, tech stocks slump For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Europe's blue chips dragged by Melexis, Qorvo, AMD's downbeat updates Hazy capital outlook weighs on UBS shares ASMI jumps as guidance hike, Q3 beat suggest no slowdown Euro zone economy grows quicker than expected, but outlook remains weak Updates with closing levels By Ankika Biswas and Pranav Kashyap Oct 30
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Too early to say whether UBS will make US acquisitions, CEO says

Too early to say whether UBS will make US acquisitions, CEO says ZURICH, Oct 30 (Reuters) - It is premature to speculate on whether and how UBS will make acquisitions in the United States, CEO Sergio Ermotti said on Wednesday after the Swiss bank posted higher-than-expected net profit in the third quarter. Reporting by Oliver Hirt
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