UBS Fee Boost Softens Legacy Blow: EMEA Earnings Week Ahead [Financial Post (Toronto, Ontario, Canada)]
HEINEKEN N V S/ADR (HEINY)
NASDAQ:AMEX Investor Relations:
theheinekencompany.com/investors
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Source: Financial Post
You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — A strong second-quarter showing by investment banking peers sets a high bar for UBS Group AG, reporting next week. Robust equities likely helped wealth and asset management fees, while the performance in Asia will be a key health gauge as the Swiss bank presses ahead with the integration of Credit Suisse, Bloomberg Intelligence's Alison Williams said. Capital returns are also high on the agenda, as investors await confirmation of UBS's plan to buy back up to $1 billion of stock this year and as Swiss regulators press for changes that could see its capital requirements surge. Falling steel costs and rising turbine prices should have aided margin recovery for Danish wind giants Orsted AS and Vestas Wind Systems A/S. Political support for renewable energy will be essential to sustain growth, which could be called into question if Donald Trump gets the keys to the White H
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