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Europe Top News and Analysis Switzerland

  • The president is expected to sign an executive order Saturday that will direct his Commerce Department and the U.S. The last week has been a frenzy of activity at the White House as Trump and his team have tried to rack up accomplishments and make good on campaign promises before reaching the symbolic 100- day mark. "There isn't a day that goes by that the president...

  • TOKYO- Bank of Japan will release the minutes of its March monetary policy meeting. YOKOHAMA, Japan Bank of Japan Governor Haruhiko Kuroda, Asian Development Bank President Takehiko Nakao will speak at Global Think Tank Summit ahead of ADB's annual meeting in Yokohama. OSLO- Norges Bank Governor Oystein Olsen and Chief Executive Officer Yngve Slyngstad...

  • TOKYO- Bank of Japan will release the minutes of its March monetary policy meeting. YOKOHAMA, Japan Bank of Japan Governor Haruhiko Kuroda, Asian Development Bank President Takehiko Nakao will speak at Global Think Tank Summit ahead of ADB's annual meeting in Yokohama. OSLO- Norges Bank Governor Oystein Olsen and Chief Executive Officer Yngve Slyngstad...

  • GENEVA— Swiss bank UBS has reported a near doubling in its first quarter net profit to 1.3 billion francs, as its wealth management and investment banking operations grew. CEO Sergio Ermotti said Friday that "our very strong results in the first quarter highlight the power and potential of our franchise." Shares in UBS AG in Zurich were up 3.3 percent to 17.20...

  • *Globe's top wealth manager has 5,000 staff in London. ZURICH, April 28- The head of UBS, one of Europe's leading financial groups, has criticised the British government for failing to encourage banks to stay in London after Brexit, predicting that many would soon trigger plans to shift operations elsewhere. "The UK is not really helping this process by trying to...

  • ZURICH _ UBS AG on Friday reported first-quarter profit of $1.26 billion. The bank, based in Zurich, said it had earnings of 33 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • UBS CEO Sergio Ermotti discusses earnings and client confidence, saying that U.S. customers, in particular, are waiting on political uncertainty.

  • Macron must lead by example in Europe: UBS CEO

    UBS CEO Sergio Ermotti discusses his view on Emmanuel Macron, centrist candidate in the French presidential election.

  • WASHINGTON- Philadelphia Federal Reserve Bank President Patrick Harker will speak in Washington D.C- 1830 GMT. BERN- Swiss National Bank general meeting of shareholders. Speakers: Swiss National Bank President Jean-Paul Studer, Governing Board Chairman Thomas Jordan and head of the SNB General Assembly Jean-Michel Leuwe- 0800 GMT.

  • WASHINGTON- Philadelphia Federal Reserve Bank President Patrick Harker will speak in Washington D.C- 1830 GMT. BERN- Swiss National Bank general meeting of shareholders. Speakers: Swiss National Bank President Jean-Paul Studer, Governing Board Chairman Thomas Jordan and head of the SNB General Assembly Jean-Michel Leuwe- 0800 GMT.

  • GENEVA— Swiss pharmaceuticals company Roche says revenues rose 4 percent in the first quarter, powered partly by improved U.S. sales of two recently launched cancer medicines. The Basel- based company, a leading cancer-drug specialist, reported sales of 12.9 billion Swiss francs. CEO Severin Schwan hailed U.S. approval for multiple sclerosis treatment...

  • GENEVA— The U.N. human rights office says one of its independent experts will travel to Panama next month to investigate tax avoidance and evasion schemes like those revealed by the so-called "Panama Papers" leak. Juan Pablo Bohoslavsky, the office's expert on foreign debt and human rights, has been asked by the U.N.' s Human Rights Council to study Panama's efforts...

  • GENEVA _ STMicroelectronics NV on Thursday reported first-quarter net income of $108 million, after reporting a loss in the same period a year earlier. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share. STMicroelectronics shares have risen 39 percent since the beginning of the year.

  • STOCKHOLM- Swedish Central Bank announces its interest rate decision. FRANKFURT- European Central Bank will hold a press conference following the governing council monetary policy meeting in Frankfurt 1330 GMT. EANSTON, Illinois- Federal Reserve Board Governor Lael Brainard speaks on "Fintech" before the Kellogg School of Management at Northwestern...

  • STOCKHOLM- Swedish Central Bank announces its interest rate decision. FRANKFURT- European Central Bank will hold a press conference following the governing council monetary policy meeting in Frankfurt 1330 GMT. EANSTON, Illinois- Federal Reserve Board Governor Lael Brainard speaks on "Fintech" before the Kellogg School of Management at Northwestern...

  • *Spot gold may fall to $1,200/ oz- Julius Baer. NEW YORK/ LONDON, April 26- Gold recovered from a two-week low, buoyed by short-covering on Wednesday as U.S. "Gold rallied to session highs on short-covering after the key $1,260 level held multiple times today amid lingering concerns that tax reform could balloon deficits," said Tai Wong, director of base and precious...

  • *Spot gold may fall to $1,200/ oz- Julius Baer. LONDON, April 26- Gold recovered from a two-week low on Wednesday as speculators locked in profit from recent losses, but some analysts expect further weakness due to easing political risks. "It's either profit-taking from those who went short or bargain-hunting from people who think the fall was too much, but I wouldn't...

  • ZURICH, April 26- Credit Suisse has ditched plans to raise money by listing part of its Swiss business and will instead sell new shares worth about 4 billion Swiss francs to get its financial strength back on a par with rivals. "It's the right move, even if I would have preferred it not to be necessary," said Thomas Braun, fund manager at Classic Fund Management, a top 30...

  • *Spot gold may fall to $1,200/ oz- Julius Baer. LONDON, April 26- Gold recovered from a two-week low on Wednesday as speculators locked in some profit from recent losses, but some analysts expect further weakness due to easing political risks. "It's either profit taking from those who went short or bargain hunting from people who think the fall was too much, but I...

  • ZURICH _ Credit Suisse Group AG on Wednesday reported first-quarter net income of $593.6 million, after reporting a loss in the same period a year earlier. Credit Suisse shares have climbed roughly 7 percent since the beginning of the year. Keywords: Credit Suisse, Earnings Report.